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    Property profile & analytics

    700 Greeley Hwy Cheyenne, WY 82007-2848

    • Grocery and convenience stores
    • 43,472 SF
    • 4.86 lot acres
    OFF-MARKET
    Value Estimation
    $835,000
    Location Intelligence
    Property ID
    US95-0048456
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Safeway / Butcher Shop / Grocery Delivery Service
    • John R. Woodbury, RPH / Pharmacy
    • Redbox / Movie Rental Kiosk / Dvd Store
    • FedEx OnSite / Mailing Service
    • Safeway Pharmacy / Pharmacy / Drug Store

    Property Details for 700 Greeley Hwy

    Year built
    2003
    Lot size
    4.86 lot acres
    Property size
    43,472 SF
    Zone code
    CB
    Property type
    Grocery and convenience stores
    APN
    15684000100000
    APU
    15684000100000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $825,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,035,000
      6.5%
      $925,000
      7%
      $915,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $990,000
      Geo Method
      $995,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,090,000
      Retail
      $830,000
      Mixed-Use
      $950,000
      Hospitality
      $1,105,000
      Educational
      $850,000
      Residential Income
      $845,000
      Energy
      $1,120,000
      Income-Based Land
      $960,000
      Food Service
      $945,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.802
    Latitude
    41.111
    CBSA code
    16940
    CBSA name
    CHEYENNE, WY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,950
    $23,285
    $439,169
    $462,454
    -
    $245,100
    $4,622,828
    $4,867,928

    Comparable in this City

    • Value Estimation by Request
      8,460 SF

      1408 Greeley Hwy

      GROCERY, SUPERMARKET • 8,460 SF
      1408 Greeley Hwy, Cheyenne, WY 82007-3031
      View Details
    • Value Estimation
      $365,000
      1,500 SF

      115 Greeley Hwy

      CONVENIENCE STORE • 1,500 SF
      115 Greeley Hwy, Cheyenne, WY 82007-2341
      View Details
    • Value Estimation
      $365,000
      1,536 SF

      8800 Archer Frontage Rd

      CONVENIENCE STORE • 1,536 SF
      8800 Archer Frontage Rd, Cheyenne, WY 82007-9654
      View Details
    • Value Estimation by Request
      1,062 SF

      416 Central Ave

      CONVENIENCE STORE • 1,062 SF
      416 Central Ave, Cheyenne, WY 82007-1306
      View Details
    • Value Estimation
      $355,000
      1,536 SF

      804 Central Ave

      GROCERY, SUPERMARKET • 1,536 SF
      804 Central Ave, Cheyenne, WY 82007-1302
      View Details
    • Value Estimation
      $305,000
      432 SF

      810 Greeley Hwy

      CONVENIENCE STORE • 432 SF
      810 Greeley Hwy, Cheyenne, WY 82007-2846
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Power Park Industrial Land Tracts

      Five-acre industrial tracts for lease.
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    • $11 SF/Yr
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      Cheyenne Industrial Space Available

      15,378 SF Multi-Use Industrial Space
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      View Details
    • $17 SF/Yr
      20,000 SF

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      9,509 SF Flex Warehouse, Prime Location
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    • Contact for pricing
      4,500 SF

      Office Spaces in Sweetgrass Community

      Three office spaces available for lease in Cheyenne, Wyoming.
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    • $10 SF/Yr
      6,237 SF

      Cheyenne Warehouse in Emerging Corridor

      6,237 SF warehouse in revitalizing Cheyenne's Reed Avenue Corridor.
      2222 Bent Ave, Cheyenne, WY 82007
      View Details
    • Contact for pricing
      6,707 SF

      Iconic Cheyenne Office with Warehouse

      Premier office and warehouse space in Cheyenne, Wyoming.
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      View Details
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    Cheyenne, WY 82007-2848
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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