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
    The Largest CRE Database in the US with Over 1 Million Listings

    Tbd Wagon Wheel Ct, Unit F10 Sheridan, WY 82801

    Sponsored
    For Sale
    $179,900

    Residential Lot - Sheridan, WY

    Type:Single Family Residence
    Lot size:
    0.33 Acres
    Days on Market:
    122
    Last Refresh:
    Feb 7 at 10:06 am

    Property Features for Tbd Wagon Wheel Ct

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    Lot size
    0.33 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jessica LaCour
    Jessica LaCour

    411 Properties (307) 660-5470

    Listing agent Jessica LaCour (307) 660-5470 License #13305

    Listing date Oct 9, 2025

    MLS# 25-2586 Listing URL

    Copyright © 2026 Northeast Wyoming 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

    Residential Lot with Mountain Views

    This 0.33-acre residential lot is located in a quiet cul-de-sac setting within The Powder Horn community, offering proximity to the golf course while maintaining privacy. The gently sloped lot is well-oriented for a patio-style or two-story home plan, framing views of the Big Horn Mountains. The property is subject to Powder Horn Residential Standards & Architectural Review, and buyers are responsible for verifying utilities, setbacks, and design guidelines. An adjacent 0.36-acre lot is also available, and purchasing both lots would provide a combined 0.69 acres at the end of the cul-de-sac. The property is located in Sheridan, Wyoming.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sheridan
    County
    Sheridan
    State
    Wyoming
    Longitude
    -106.904
    Latitude
    44.8263

    Nearby Similar for Sale

    • $98,000
      0.11 Acres

      Sheridan, WY Building Site

      Mixed-use building site in a master-planned community near downtown.
      Tbd Ave, Sheridan, WY 82801
      View Details
    • $1,999,000
      134.13 Acres

      Sheridan Ranch with Equestrian Potential

      134-acre ranch near Big Horn Equestrian Center.
      29 Meade Creek Rd, Sheridan, WY 82801
      View Details
    • $354,000
      1,855 SF

      Historic Downtown Multi-Family Home

      Versatile home in central Sheridan, suitable for residential or business.
      672 Illinois St, Sheridan, WY 82801
      View Details
    • $325,000

      Spacious Shop & Storage Units

      Premium units ideal for business, car enthusiasts, or RV storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Premium Shop & Storage Units

      Spacious units ideal for business, cars, RVs, and storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Premium Shop & Storage Units

      Spacious units ideal for business, cars, RV, boat storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Spacious Shop & Storage Units

      Premium units ideal for business, cars, RVs, and storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Premium Shop & Storage Units

      Spacious units ideal for business, cars, RVs, and storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Sheridan Warehouse and Storage Units

      Premium shop and storage units suitable for various uses.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • $325,000

      Spacious Shop & Storage Units

      Premium units ideal for business, car enthusiasts, or RV storage.
      1715 N Gould St, Sheridan, WY 82801
      View Details
    • Contact for pricing

      Downtown Sheridan Executive Office Suite

      Executive office suite in the heart of Sheridan, Wyoming.
      4 S Main St, Sheridan, WY 82801
      View Details
    • $199,000

      Storage/Shop Space with Easy Access

      Storage/shop space with large overhead door and ample parking.
      1705 E Brundage Ln, Sheridan, WY 82801
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Residential lot in a cul-de-sac with Big Horn views.
    Where is this residential land & home lot located?
    The property is located at Tbd Wagon Wheel Ct, Unit F10 Sheridan, WY.
    What is the asking price?
    The asking price for this property is $179,900.
    What are key features of this property?
    This property features: - Big Horn Mountain views; - Located in The Powder Horn community, steps from the golf course; - Quiet cul-de-sac location offering privacy
    (307) 660-5470
    Request Owner's contact information
    Tbd Wagon Wheel Ct, Unit F10 Sheridan, WY 82801
    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.
    Tbd Wagon Wheel Ct, Unit F10
    Sheridan, WY 82801
    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
    Tbd Wagon Wheel Ct, Unit F10 Sheridan, WY 82801
    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
    Jessica LaCour
    Jessica LaCour
    Real Estate License ID: 13305
    (307) 660-5470
    Learn more
    Google sign-in failed. Please try again or use another login method.