Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9 Drifter Ln Cheyenne, WY 82009

    Sponsored
    For Sale
    $544,360

    Rural Residential, RANCH - Cheyenne, WY

    Type:Farm
    Lot size:
    6.60 Acres
    Days on Market:
    9
    Last Refresh:
    Feb 26 at 4:06 am

    Property Features for 9 Drifter Ln

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Standard status
    Active
    Vegetation
    Grassed
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Dining Room, Kitchen, Living Room
    Bedrooms
    2
    Bathrooms
    2
    Parking
    2
    Parking features
    Garage, RV
    Patio and Porch features
    Patio, Porch
    Interior features
    Bay/Bow Window, Eat In Kitchen, Great Room, Extra Insulation, Pantry, Main Floor Laundry, Vaulted Ceiling, Walk-in Closet, Main Floor Primary, Thermal Windows, Programmable Thermostat, High Effic. Hvac 95% +, Ceiling Fan
    Exterior features
    Patio, Covered Patio, Covered Porch, No Landscaping, Native Grasses And Plants
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Garbage Disposer, Microwave, Range, Washer
    Lot size
    6.60 Acres

    Utilities

    Heating system
    Fireplace(s), Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Wendy Volk
    Wendy Volk

    #1 Properties (307) 634-2222

    Listing agent Wendy Volk (307) 634-2222

    Listing date Feb 18, 2026

    MLS# 99884 Listing URL

    Copyright © 2026 Cheyenne 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

    Property Insight Report

    Overview

    New Ranch Home on Acreage

    This is a proposed brand-new, custom-built home by Leaning Tree Homes, located just north of Cheyenne, Wyoming. Situated on a 6.59-acre lot, this property offers a combination of modern living and rural charm. The home features the new "Eric Plan," a spacious ranch-style open floor plan suitable for both entertaining and everyday living. It includes 2 bedrooms and 2 bathrooms conveniently located on the same level. An oversized 2-car attached garage provides ample space for longer vehicles and extra storage. The open concept living area offers a bright and inviting space designed to accommodate family gatherings and relaxing evenings. The basement can be fully finished at an additional cost, allowing for a custom space tailored to specific needs. Central air-conditioning and a 95% high-efficiency forced air furnace ensure year-round comfort. The property provides views of sunrises and sunsets. Located in the new Blue Roan Ranches Subdivision, the property is accessible from US Interstate 25. Leaning Tree Homes specializes in custom-built homes, offering craftsmanship and attention to detail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Cheyenne
    County
    Laramie
    State
    Wyoming
    Longitude
    -104.861
    Latitude
    41.4091

    Nearby Similar for Sale

    • $425,000
      2,580 SF

      Cheyenne Retail/Office/Salon with Apartment

      High-visibility commercial property with apartment and garage in Cheyenne.
      720 E Lincolnway, Cheyenne, WY 82001
      View Details
    • New
      $835,000
      2,352 SF

      Cheyenne Ranch Home on Acreage

      Spacious ranch home on 4.87 acres with picturesque pond.
      1685 Moriah Ln, Cheyenne, WY 82009
      View Details
    • $1,375,000
      5,847 SF

      Cheyenne Commercial Building For Sale

      Leased commercial building in North Cheyenne with excellent access.
      5320 Education Dr, Cheyenne, WY 82009
      View Details
    • Contact for pricing
      1,290 SF

      High-Visibility Retail/Office/Salon Space

      Retail/office/salon space with basement apartment and detached garage.
      720 E Lincolnway, Cheyenne, WY 82001
      View Details
    • $1,600,000
      5,924 SF

      Class A Office Building

      Fully leased Class A office building in Cheyenne, Wyoming.
      7338 Stockman St, Cheyenne, WY 82009
      View Details
    • $4,100,000
      12,746 SF

      Class-A Office Building, Cheyenne

      Updated, fully leased commercial office building in downtown Cheyenne.
      222 E 18Th St, Cheyenne, WY 82001
      View Details
    • $635,000
      2,976 SF

      Cheyenne Commercial Property with Car Storage

      High-visibility Cheyenne property with gated car storage and workspace.
      803 W Lincolnway, Cheyenne, WY 82001
      View Details
    • $759,000
      2,000 SF

      Cheyenne Ranch Home on Acreage

      New ranch home with quality craftsmanship on over 5 acres.
      66 Fire Rock Dr, Cheyenne, WY 82009
      View Details
    • Contact for pricing
      1,650 SF

      Prime Downtown Cheyenne Office Space

      High-visibility corner office space in the heart of Cheyenne.
      1810 Capitol Ave, Cheyenne, WY 82001
      View Details
    • $569,900
      3,170 SF

      Wyoming Home on Peaceful Acres

      Spacious 5-bed, 3-bath home on 6.62 acres near town.
      10531 Choke Cherry Rd, Cheyenne, WY 82009
      View Details
    • $800,000
      6,775 SF

      Cheyenne Church Building For Sale

      6775 SF church building with billboard lease through 2032.
      110 Central Ave, Cheyenne, WY 82001
      View Details
    • $435,000
      5,002 SF

      Leased Commercial Building in Cheyenne

      Fully leased commercial building with established veterinary clinic in Cheyenne.
      3116 Acacia Dr, Cheyenne, WY 82001
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - New construction ranch home on 6.59 acres near Cheyenne.
    Where is this residential land & home lot located?
    The property is located at 9 Drifter Ln Cheyenne, WY.
    What is the asking price?
    The asking price for this property is $544,360.
    What are key features of this property?
    This property features: - New custom-built ranch-style home ("Eric Plan") by reputable builder with 30+ years of experience.; - Spacious 6.59-acre lot offering privacy and rural charm with easy city access.; - Open concept living space perfect for entertaining and family gatherings.
    (307) 630-5263
    Request Owner's contact information
    9 Drifter Ln Cheyenne, WY 82009
    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.
    9 Drifter Ln
    Cheyenne, WY 82009
    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
    9 Drifter Ln Cheyenne, WY 82009
    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
    Wendy Volk
    Wendy Volk
    Real Estate License ID: 3021
    (307) 630-5263 (307) 634-2222 (800) 289-0998
    Learn more
    Google sign-in failed. Please try again or use another login method.