Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    7675 Us-89 Jackson, WY 83001

    Sponsored
    For Sale
    $15,000,000

    LAND - Jackson, WY

    Lot size:
    84.36 Acres
    Days on Market:
    10
    Last Refresh:
    Jan 16 at 11:06 pm

    Property Features for 7675 Us-89

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    22-39-16-03-3-00-030
    Pets allowed
    Yes
    Lot size
    84.36 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well

    We can help!

    Listing Contact
    Steve Robertson

    Keller Williams Jackson Hole (307) 413-5846 [email protected]

    Listing agent Steve Robertson (307) 413-7306

    Listing date Jan 8, 2026

    MLS# 26-29 Listing URL

    Copyright © 2026 Teton Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Jackson, WY Ranch Land

    The Munger Mountain Ranch, an 84-acre property, is located 7 miles south of the Jackson Town Square and is adjacent to the Munger Mountain Elementary School. The ranch is bordered on three sides by the Bridger-Teton National Forest. The land consists of cultivated hay meadow, pasture, and forested hillside. For nearly 100 years, it has operated as a small cattle and horse ranch and maintains its AG tax status. The adjacent Forest Service lands are rich in diverse wildlife and habitat, including winter-range and spring nursery lands. This parcel is one of the last large tracts of land in Teton County. Approximately 35 acres is zoned Rural-2, while the remaining 49 acres is zoned Workforce Home Business. Given that less than 3% of the lands in Teton County are privately owned, this large parcel offers many possibilities and opportunities.
    Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Auto Repair Shop Kitchen & Bath Electrical Service Car Rental Pet Store Plumbing Service Pet Supply Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Teton
    State
    Wyoming
    Longitude
    -110.740274
    Latitude
    43.369679

    Nearby Similar for Sale

    • New
      $4,650,000
      4,864 SF

      Spacious Multi-Family Home in Jackson

      Multi-family property in Jackson with 5 bedrooms and baths.
      1023 Budge Dr, Jackson, WY 83001
      View Details
    • $4,650,000
      4,864 SF

      Unique Residence with Stunning Views

      Five-bedroom Jackson residence with mountain views, flexible living spaces.
      1023 Budge Dr, Jackson, WY 83001
      View Details
    • $4,500,000
      2,772 SF

      Well-Maintained Triplex in Jackson, WY

      Exceptional triplex with modern apartments, garages, and convenient location.
      265 Crabtree Ln, Jackson, WY 83001
      View Details
    • $5,100,000
      Pending

      Charming Cabins in Downtown Jackson

      Five rental cabins in downtown Jackson Hole's lodging overlay.
      433 N Glenwood St, Jackson, WY 83001
      View Details
    • $5,100,000
      Pending

      Charming Cabins in Downtown Jackson

      Five rental cabins in downtown Jackson Hole near Flat Creek.
      433 N Glenwood St, Jackson, WY 83001
      View Details
    • $3,250,000
      Pending

      Jackson, WY Four-Unit Multifamily Complex

      Four-unit multifamily property near Jackson Hole Town Square.
      110 S Willow St, Jackson, WY 83001
      View Details
    • $6,800,000
      7,350 SF

      Mixed-Use Property in Jackson Hole

      Mixed-use property with residential and commercial spaces in Jackson, WY.
      320 E Broadway Ave, Jackson, WY 83001
      View Details
    • $3,850,000
      6,000 SF

      Commercial Property with Housing Units

      Commercial space with warehouse, workroom, and apartment units.
      3960 S Antelope Ln, Jackson, WY 83001
      View Details
    • New
      $2,350,000
      2,344 SF

      East Jackson Multifamily Property

      Tastefully designed multifamily property in East Jackson, Wyoming.
      360 E Pearl Ave, Jackson, WY 83001
      View Details
    • $9,750,000
      8,620 SF

      Prime Commercial Property Near Square

      Exceptional commercial property with vast potential near the heart of town.
      175 S King St, Jackson, WY 83001
      View Details
    • $2,150,000
      1,222 SF

      Multifamily Property Near Snow King

      Multifamily property near Snow King Gondola and Town Square.
      645 S Glenwood St, Jackson, WY 83001
      View Details
    • $8,985,000
      16,670 SF

      Jackson, WY Storage Facility

      Fully-stabilized storage facility in desirable Wyoming market with development potential.
      4175 Hwy 89 S, Jackson, WY 83001
      View Details

    FAQs

    What type of property is this?
    Ranch - 84-acre ranch bordered by national forest, near Jackson Town Square.
    Where is this ranch located?
    The property is located at 7675 Us-89 Jackson, WY.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: - Rare, large 84-acre parcel in Teton County, where less than 3% of land is privately owned.; - Bordered on 3 sides by the Bridger-Teton National Forest, offering direct access to extensive wilderness.; - Proximity to Jackson Town Square (7 miles) and adjacent to Munger Mountain Elementary School.
    (307) 413-7306
    Request Owner's contact information
    7675 Us-89 Jackson, WY 83001
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7675 Us-89
    Jackson, WY 83001
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    7675 Us-89 Jackson, WY 83001
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Steve Robertson
    (307) 413-7306
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.