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Property profile & analytics
OFF-MARKET
Estimated value
$665,000
Banks
6523 Yellowstone Rd Cheyenne, WY 82009-3430
Individually Owned
8-yr Hold
Free & Clear
Property ID
US95-0043380
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2008
Total area
11,214 SF
Lot
1.4 ac (60,984 SF)
Zoning code
NB
APN
11019000100010
UPID
US95-0043380
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
-
Martin/Martin Wyoming, Consulting Engineers Structural Engineer Civil Engineer
-
Blue Federal Credit Union - Yellowstone Road Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$790k
Blend (final)
Blend
$665k
Owner & transaction history
Blue FCU · 8 yrs held
Blue FCU
since 2017
1 recorded transaction
Zoning & alternative use
NB · Cheyenne, WY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.0M
+59.9%
Restaurant
$915,000
+44.1%
Medical building
$780,000
+22.7%
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 Cheyenne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cheyenne 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
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$635,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,015,000
Change: +60% · Conversion: Difficult
RESTAURANT
$915,000
Change: +44% · Conversion: Difficult
MEDICAL BUILDING
$780,000
Change: +23% · Conversion: Difficult
AUTO REPAIR, GARAGE
$690,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$665k
Range $599k – $732k · ±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
$59 / 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
$27,948
Tax year 2023
Assessed value
$388,133
Assessed 2024
Previous assessed
$395,244
-1.8% YoY
Effective rate
7.20%
On assessed value
Assessed land
$32,256
Assessed improvement
$355,877
Land market value
$339,540
Improvement market value
$3,746,072
Total market value
$4,085,612
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2008
Heating
PACKAGE
Cooling
AC.PACKAGE
Stories
2
Units
1
Total area
11,214 SF
Lot
1.4 ac (60,984 SF)
Zoning code
NB
APN
11019000100010
UPID
US95-0043380
Jurisdiction
LARAMIE
Zoning & alternative use
NB · Cheyenne, WY
Zoning NB · permitted uses
NB · Cheyenne, WY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cheyenne. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$635,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.0M
RESTAURANT
Est. value
$915,000
MEDICAL BUILDING
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$690,000
FINANCIAL BUILDING Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
2008
Heating
PACKAGE
Cooling
Yes
Stories
2
Units
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
Blue FCU
Individual
Free & Clear · 8 yrs held
Mailing address
PO BOX 3200, CHEYENNE, WY 82003-3200
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 11, 2017
—
Blue FCU
Warren FCU
Grant 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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