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Property profile & analytics
OFF-MARKET
Estimated value
$1,855,000
Hotels
651 Granite Peak Dr Casper, WY 82609-4569
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US95-0083437
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2015
Total area
76,320 SF
Lot
2.04 ac (88,645 SF)
APN
3378-08-40-3-00300
UPID
US95-0083437
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
-
Best Western Plus Casper Inn & Suites Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.55M
Blend (final)
Blend
$1.86M
Owner & transaction history
Granite Peak Dev LLC · 15 yrs held
Granite Peak Dev LLC
since 2010
7 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 Casper submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Casper 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
$1,160,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,040,000
Current use
Blend value · Realmo final
$1.86M
Range $1.67M – $2.04M · ±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
$24 / 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 2022Property tax & assessments
Tax year 2022
Tax billed
$65,096
Tax year 2022
Assessed value
$893,074
Assessed 2023
Previous assessed
$860,892
+3.7% YoY
Effective rate
7.29%
On assessed value
Assessed land
$34,165
Assessed improvement
$858,909
Land market value
$359,635
Improvement market value
$9,041,144
Total market value
$9,400,779
Applied tax rate
150.0000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2015
Heating
CENTRAL
Cooling
AC.PACKAGE
Stories
4
Total area
76,320 SF
Lot
2.04 ac (88,645 SF)
APN
3378-08-40-3-00300
UPID
US95-0083437
Jurisdiction
NATRONA
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
HOTEL/MOTEL Current
Est. value
$2.0M
HOTEL/MOTEL Current
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
2015
Heating
CENTRAL
Cooling
Yes
Stories
4
Lot
2.04 ac
Current owner
From public records · entity-resolved
Granite Peak Dev LLC
Entity
Mailing address
3130 W 57TH ST STE 100B, SIOUX FALLS, SD 57108-3123
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
—
Shakopee Hospitality INC
—
Deed
related
$3,800,000 · Dennis Roger Howell
May 4, 2021
—
Shakopee Hospitality INC
—
Deed
related
$5,675,000 · First International Bank & Trust
Mar 21, 2014
—
Shakopee Hospitality INC
—
Grant Deed
related
$7,275,000 · Great Wstrn Bk
Dec 1, 2011
—
Granite Peak Dev LLC
—
Deed Of Trust
related
$8,000,000 · First Interstate Bank
Jul 27, 2011
—
Granite Peak Dev LLC
—
Deed Of Trust
related
$5,500,000 · First Interstate Bank
Nov 24, 2010
—
Granite Peak Dev LLC
Meadowlands Investment Co LLC
Grant Deed
$4,000,000 · First Interstate Bank
Nov 18, 2008
—
Medowlands Investment Co LLC
—
Deed Of Trust
related
$7,000,000 · First Interstate Bank
Aug 14, 2008
—
Granite Peak Properties LLC
Meadowlands Investment Co LLC
Warranty Deed
related
—
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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