Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    216 Lane 9 Powell, WY 82435

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $125,000

    Lots/Land - Powell, WY

    Lot size:
    1.50 Acres
    Added:
    Jan 12, 2026
    Days on Market:
    116
    Last Refresh:
    May 8 at 4:06 pm

    Property Features for 216 Lane 9

    General Information

    Property type
    Land
    Property subtype
    Other
    Exterior features
    Level
    Standard status
    Active Under Contract
    Lot size
    1.50 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Erica Loloff

    Listing agent Erica Loloff

    Listing office Eagle Real Estate LLC 1234 Sheridan Avenue, Cody, WY

    Listing date Jan 12, 2026

    MLS# 10031947 Listing URL

    Copyright © 2026 Northwest Wyoming 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.

    HighLights

    • 1.5+/- acre lot with no covenants
    • Electric and Gas utilities to lot line
    • Enjoy the mountain views
    • Fenced property
    • Room for animals, garden, or RV parking
    • Close proximity to recreational opportunities and Cody, WY (45 minutes)

    Overview

    Powell, WY Land For Sale

    This 1.5+/- acre lot is located approximately 7 miles from Powell, Wyoming. The property is fenced and offers mountain views. Electric and gas utilities are available to the lot line. The property has no covenants, allowing for flexibility in its use. The location provides opportunities for recreational activities in the surrounding mountains. Cody, Wyoming, is located 45 minutes away, providing access to Yellowstone National Park. The property allows room for animals, a garden, or RV parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Powell
    County
    Park
    State
    Wyoming
    Longitude
    -108.966
    Latitude
    44.8625

    Nearby Similar for Sale

    • $624,900

      Powell, WY Commercial Property

      6.64-acre commercial property with two buildings and development potential.
      699 Lane 9, Powell, WY 82435
      View Details
    • $250,000

      Powell, Wyoming Commercial Property

      Versatile commercial property in high-traffic area, suitable for various uses.
      178 W North St, Powell, WY 82435
      View Details
    • $274,500

      Income-Producing Multifamily Property in Powell

      Multifamily property with development potential in Powell, Wyoming.
      747 E Jefferson St, Powell, WY 82435
      View Details
    • $1,050,000
      3,164 SF

      Powell, WY Farm/Ranch Opportunity

      145-acre farm with home, outbuildings, and livestock facilities.
      642 Road 6, Powell, WY 82435
      View Details
    • $1,950,000

      Versatile Industrial Building in Powell, WY

      26,025 SF building on 5.19 acres with shop and office.
      771 Lane 9, Powell, WY 82435
      View Details
    • $898,888
      3,962 SF

      Wyoming Income Property on Acreage

      Income-producing property with multiple homes, live water, and mountain views.
      52 Road 8uc, Powell, WY 82435
      View Details
    • $195,000

      9.65 Acres Land in Powell, WY

      Large parcel ready for your dream home with no covenants.
      417 Fiddlers Ln, Powell, WY 82435
      View Details
    • $165,000

      5-Acre Irrigated Land with Utilities

      5-acre property with mature trees, irrigated land, and utilities.
      TBD Lane 11 1/2, Powell, WY 82435
      View Details
    • $165,000

      Wyoming Land with Irrigated Acres

      4.88 acres of irrigated land with utilities and mountain views.
      TBD Lane 11 1/2, Powell, WY 82435
      View Details
    • $670,000

      Historic Downtown Commercial Building

      Commercial building with three income-generating apartments, built in 1909.
      108 N Bent St, Powell, WY 82435
      View Details
    • $155,000

      5-Acre Lot with Mountain Views

      5-acre property with utilities and mountain views near BLM land.
      TBD Lane 11 1/2, Powell, WY 82435
      View Details
    • $209,900

      Buck Creek Estates Land

      Land with mountain views and creek access near Cody.
      TBD Buck Creek Way, Powell, WY 82435
      View Details

    FAQs

    What type of property is this?
    Land - 1.5+/- acre lot near Powell, WY with utilities.
    Where is this land located?
    The property is located at 216 Lane 9 Powell, WY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: 1.5+/- acre lot with no covenants; Electric and Gas utilities to lot line; Enjoy the mountain views
    (307) 752-0377
    We can help!
    Listing Contact
    Erica Loloff
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    216 Lane 9, Powell, WY 82435
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!