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Property profile & analytics
OFF-MARKET
Estimated value
$2,240,000
Hotels
721 Granite Peak Dr Casper, WY 82609-4349
Entity Owned
~
Est. High Equity
Property ID
US95-0056438
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2008
Total area
95,756 SF
Lot
3.15 ac (137,214 SF)
APN
3378-08-40-3-00200
UPID
US95-0056438
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
-
Holiday Inn Casper East - Medical Center, an IHG Hotel Hotel & Motel
-
Cole Creek Bar & Grill Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.24M
Owner & transaction history
Hi Casper Hospitality LLC
Hi Casper Hospitality LLC
since 2026
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,560,000
Current use
Blend value · Realmo final
$2.24M
Range $2.02M – $2.46M · ±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
$23 / 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
$84,002
Tax year 2022
Assessed value
$1,152,449
Assessed 2023
Previous assessed
$1,108,580
+4.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$44,223
Assessed improvement
$1,108,226
Land market value
$465,507
Improvement market value
$11,665,537
Total market value
$12,131,044
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
2008
Heating
YES
Cooling
YES
Stories
4
Units
1
Total area
95,756 SF
Lot
3.15 ac (137,214 SF)
APN
3378-08-40-3-00200
UPID
US95-0056438
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
$2.6M
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
2008
Heating
YES
Cooling
Yes
Stories
4
Units
1
Lot
3.15 ac
Current owner
From public records · entity-resolved
Hi Casper Hospitality LLC
Entity
Mailing address
721 GRANITE PEAK DR, CASPER, WY 82609-4349
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2026
—
Hi Casper Hospitality LLC
Casper Inn LLC
Special Warranty Deed
$9,250,000 · Bank Of Utah
Sep 4, 2014
—
Casper Inn LLC
—
Trustees Deed
related
$450,000 · Firstier Bk
Feb 7, 2013
—
Casper Inn LLC
—
Deed Of Trust
related
$10,843,450 · Firstier Bank NA
Feb 8, 2012
—
Casper Inn LLC
—
Deed Of Trust
related
$10,843,450 · Firstier Bank NA
Jan 18, 2008
—
Casper Inn LLC
—
Grant Deed
related
$10,843,450 · Firstier Bank NA
—
—
Sweetwater Interests LLC
—
Loan Modification
related
$4,500,000 · Firstier Bk
—
—
Casper Inn LLC
—
Deed Of Trust
related
$10,450,000 · Firstier Bk
—
—
Casper Inn LLC
—
Deed Of Trust
related
$3,700,000 · Firstier Bank NA
—
—
Casper Inn LLC
—
Deed Of Trust
related
$3,960,000 · Firstier Bank NA
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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