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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Apartment buildings
56 Constitution Dr Gillette, WY 82716-2000
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US95-0076910
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1980
Construction
FRAME
Total area
4,320 SF
Lot
1.16 ac (50,511 SF)
APN
R0015435
UPID
US95-0076910
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$539k
Blend (final)
Blend
$525k
Owner & transaction history
Rs2 Holdings LLC · 6 yrs held
Rs2 Holdings LLC
since 2020
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$565,000
+40.1%
Commercial (general)
$550,000
+36.4%
Retail stores
$415,000
+2.1%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Gillette submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Gillette submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$510,000
7%
$475,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$405,000
Current use
OFFICE BUILDING
$565,000
Change: +40% · Conversion: Moderate
COMMERCIAL (GENERAL)
$550,000
Change: +36% · Conversion: Moderate
RETAIL STORES
$415,000
Change: +2% · Conversion: Difficult
MEDICAL BUILDING
$330,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$525k
Range $473k – $578k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$122 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,631
Tax year 2023
Assessed value
$71,862
Assessed 2023
Previous assessed
$71,862
+0.0% YoY
Effective rate
7.84%
On assessed value
Assessed land
$8,780
Assessed improvement
$63,082
Land market value
$92,422
Improvement market value
$664,017
Total market value
$756,439
Applied tax rate
103.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
BASEBOARD
Buildings
3
Stories
3
Units
12
Bathrooms
12
Total area
4,320 SF
Lot
1.16 ac (50,511 SF)
APN
R0015435
UPID
US95-0076910
Jurisdiction
CAMPBELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$405,000
OFFICE BUILDING
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$550,000
RETAIL STORES
Est. value
$415,000
MEDICAL BUILDING
Est. value
$330,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1980
Construction
FRAME
Heating
BASEBOARD
Stories
3
Buildings
3
Units
12
Bathrooms
12
Lot
1.16 ac
Current owner
From public records · entity-resolved
Rs2 Holdings LLC
Entity
Mailing address
4468 N SUNRISE LN, IONA, ID 83427-5040
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2020
—
Rs2 Holdings LLC
—
Deed
related
$500,000 · The Bank Of Commerce
Mar 9, 2020
—
Rs2 Holdings LLC
Shepperson Enterprises LLC
Warranty Deed
—
Dec 11, 2019
$435,000
National Loan Acquisition Com
Shepperson Enterprises LLC
Trustees Deed
related
—
Mar 2, 2007
—
Melvin W Shepperson
Midwest Properties INC
Warranty Deed
$650,000 · Mayflower Capital Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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