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Property profile & analytics
OFF-MARKET
Turn key restaurants
615 2nd St Laramie, WY 82070-3617
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US95-0232393
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
5,934 SF
Lot
0.15 ac (6,336 SF)
APN
16733338000600
UPID
US95-0232393
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
Current use
Occupant on record · Public records
-
The Accelerated Dragon & Phoenix Rising Electronics & Wireless Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Beacon And Red Adventures LLC · 5 yrs held
Beacon And Red Adventures LLC
since 2021
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Laramie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laramie 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2022Property tax & assessments
Tax year 2022
Tax billed
$2,880
Tax year 2022
Assessed value
$39,456
Assessed 2023
Previous assessed
$28,843
+36.8% YoY
Effective rate
7.30%
On assessed value
Assessed land
$2,709
Assessed improvement
$36,747
Land market value
$28,512
Improvement market value
$386,814
Total market value
$415,326
Applied tax rate
152.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Rooms
2
Total area
5,934 SF
Lot
0.15 ac (6,336 SF)
APN
16733338000600
UPID
US95-0232393
Jurisdiction
ALBANY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1954
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Units
1
Rooms
2
Lot
0.15 ac
Current owner
From public records · entity-resolved
Beacon And Red Adventures LLC
Entity
Mailing address
615 S 2ND ST, LARAMIE, WY 82070-3617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2021
—
Beacon And Red Adventures LLC
—
Deed
related
$122,000 · Widc Frontier Cdc INC
Aug 24, 2021
—
Beacon And Red Adventures LLC
—
Deed
related
$261,103 · First Interstate Bank
Jan 4, 2021
—
Beacon And Red Adventures LLC
Mehin Ventures LLC
Warranty Deed
$236,000 · First Interstate Bank
May 10, 2011
—
Merlin Ventures LLC
Gilbert G Garcla
Warranty Deed
$176,252 · Uniwyo FCU
Feb 3, 2005
—
Gilbert G Garcia
Emelina J Garcia
Warranty Deed
related
$87,697 · The First National Bank Of Wyoming
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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