Add Listing
    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

    1 Raintree Dr Riverton, WY 82501

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Prime Riverton residential lot, 1.54 acres.

    Property Features for 1 Raintree Dr

    General Information

    Property type
    Land
    Lot Size
    67,082 SF

    We can help!

    Listing Contact
    George Piplica
    George Piplica

    Listing Agency: Home Source Realty. Inc Listing Agent: George Piplica

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 1.54-acre lot, located at Lot 1 Raintree Drive in Riverton, Wyoming (zip code 82501), presents a unique opportunity for residential development. Zoned for Riverton Residential Gardening a, this property offers a tranquil setting ideal for building a dream home. The lot boasts 178 feet of road frontage on Raintree Drive, ensuring convenient access. Corner posts clearly mark the boundaries of the 1.54-acre parcel, providing a well-defined building site. The seller has meticulously marked the lot lines for ease of understanding. Irrigation lines are conveniently located in the front area of the property. This property is situated in Fremont County and is priced at $105,000. The lush pastoral surroundings contribute to the serene atmosphere, making this an exceptional opportunity for those seeking a peaceful and well-defined space to build. The coordinates are 43.0336665 latitude and -108.4532887 longitude.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Big Box & Wholesale Store Auto Parts Store Storage Facility Bar & Pub Veterinary Clinic Pet Grooming Service Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Fremont
    State
    Wyoming
    Longitude
    -108.4532887
    Latitude
    43.0336665

    Nearby Similar for Sale

    • $825,000
      4,100 SF

      Riverton Commercial Building on Highway

      Remodeled retail space with shop and fenced yard.
      510 S Federal Blvd, Riverton, WY 82501
      View Details
    • New
      $465,000
      0.16 Acres

      Riverton Retail Building on Main

      Retail building with loft, basement, and coolers in Riverton, WY.
      409 E Main St, Riverton, WY 82501
      View Details
    • New
      $259,000
      0.60 Acres

      Riverton Industrial Building For Sale

      Versatile shop with office space on a large, fenced lot.
      4420 Airport Rd, Riverton, WY 82501
      View Details
    • $235,000
      0.64 Acres

      Commercial Property on Highway

      Large commercial property with highway frontage in a sought-after corridor.
      502 N Federal Blvd, Riverton, WY 82501
      View Details
    • $275,000
      0.32 Acres

      Versatile Building in Riverton, Wyoming

      Adaptable building suitable for restaurant, church, or daycare use.
      221 E Washington Ave, Riverton, WY 82501
      View Details
    • $475,000
      4,576 SF

      Downtown Riverton Commercial Building

      Remodeled 4,576 sq ft building on a highly visible corner.
      324 E Washington Ave, Riverton, WY 82501
      View Details
    • New
      $1,375,000
      1,300 SF

      Wyoming Farm and Ranch Property

      181-acre farm near Riverton, Wyoming with water rights.
      12296 Us Highway 26 U.S, Riverton, WY 82501
      View Details
    • $975,000
      2.92 Acres

      Riverton Commercial Building on Main

      12,600 SF commercial building on 2.9 acres.
      801 W Main St, Riverton, WY 82501
      View Details
    • $380,000
      0.59 Acres

      Riverton Commercial Building on Federal

      Commercial building in high-traffic area, ideal for investment or business.
      727 N Federal Blvd, Riverton, WY 82501
      View Details
    • $425,000
      0.43 Acres

      Established Retail Business in Riverton

      Turnkey retail business with street exposure and diverse product offerings.
      608 E Pershing Ave, Riverton, WY 82501
      View Details
    • $595,000
      95.97 Acres

      Prime Farmland with Irrigation Rights

      95.97 acres of farmland with irrigation rights in Riverton, WY.
      00 Paradise Valley Rd, Riverton, WY 82501
      View Details
    • $593,000
      0.16 Acres

      Commercial Building in Riverton, Wyoming

      Commercial building with multiple tenants and investment potential in Riverton.
      402 E Main St, Riverton, WY 82501
      View Details

    FAQs

    What type of property is this?
    Land - Prime Riverton residential lot, 1.54 acres.
    Where is this land located?
    The property is located at 1 Raintree Dr Riverton, WY.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: $105,000 asking price for 1.54 acres of land.; Located at Lot 1 Raintree Drive, Riverton, WY 82501.; Riverton Residential Gardening zoning.
    (307) 851-9627 Call to check price and availability
    Request Owner's contact information
    1 Raintree Dr Riverton, WY 82501
    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.
    1 Raintree Dr
    Riverton, WY 82501
    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
    1 Raintree Dr Riverton, WY 82501
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing George Piplica
    George Piplica
    Real Estate License ID: 2534
    (307) 851-9627 (307) 856-4663
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!