Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Wyoming Land with Creek Access Title is generated by Realmo AI

    E6 Soaring Eagle Road, Hulett, WY 82720

    View on Map
    Claim this Listing
    For Sale
    $303,408

    Acreage - Hulett, WY

    Lot size:
    36.12 Acres
    Added:
    Oct 13, 2025
    Days on Market:
    222
    Last Refresh:
    May 22 at 7:06 am

    Property Features for E6 Soaring Eagle Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    36.12 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jim Tullo

    Listing agent Jim Tullo

    Listing office Western Properties 304 Cleveland, Sundance, WY

    Listing date Oct 13, 2025

    MLS# 84101 Listing URL

    Copyright © 2026 Mt. Rushmore Area Association 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

    • 35+ acre tracts with diverse terrain including hay ground, timber, rolling hills, and ponds.
    • Sourdough Creek meanders through the property.
    • Abundant wildlife such as Elk, Deer, Turkey, and Antelope roam freely.
    • Multiple building locations offer the perfect spot for your dream ranch.
    • Enjoy fantastic views of the Wyoming Black Hills.
    • Located just 7.5 miles north of Hulett, WY.

    Overview

    Warbonnet Canyon Properties offers tracts of land starting at 35+ acres. The properties feature a mix of hay ground, timber, rolling hills, and ponds. Sourdough Creek meanders through the land. The area is frequented by elk, deer, turkey, and antelope. There are multiple locations suitable for building a ranch. The properties are located 7.5 miles north of Hulett, Wyoming, and offer views of the Wyoming Black Hills. The size of one tract is 36.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Auto Parts Store Nail Salon Accounting Firm Grocery & Convenience Store Bar & Pub Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store & Service Supermarket

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

    Location Insight

    • Map
    • Local Demand
    City
    Hulett
    County
    Crook
    State
    Wyoming
    Longitude
    -104.6019298
    Latitude
    44.751859

    Nearby Similar for Sale

    • $15,000,000
      3,408 SF

      Devils Tower Ranch with Lodge

      3429-acre ranch near Devils Tower with multiple improvements.
      531 Shaw Road, Hulett, WY 82720
      View Details
    • $145,900

      Land at Devils Tower Golf

      Homesite in private golf club community with scenic views.
      3a Fawn Ridge Road, Hulett, WY 82720
      View Details
    • $149,900

      Hulett, WY Land Opportunity

      Residential land near The Golf Club at Devils Tower.
      Fawn Ridge Rd lot: 2A, Hulett, WY 82720
      View Details
    • $198,900

      Land Near Devils Tower Golf

      Homesite near golf course with scenic views in Hulett, Wyoming.
      21a Fawn Ridge Road, Hulett, WY 82720
      View Details
    • $129,900

      Homesite with Mountain Views

      Homesite in private golf club community with mountain views.
      59 Fawn Ridge Rd, Hulett, WY 82720
      View Details
    • $179,900

      Land Near Devils Tower Golf

      Residential land near golf course in Hulett, Wyoming.
      4a Fawn Ridge Road, Hulett, WY 82720
      View Details
    • $125,900

      Land Near Devils Tower Golf

      Homesite near golf course offers scenic beauty and recreation.
      61 Fawn Ridge Road, Hulett, WY 82720
      View Details
    • $209,900

      Hulett, WY Land Opportunity

      Homesite near golf course with mountain views in Hulett, WY.
      18a Fawn Ridge Road, Hulett, WY 82720
      View Details
    • $183,900

      Land Near Devils Tower Golf

      Residential land near golf course with mountain views.
      Fawn Ridge Rd lot: 20A, Hulett, WY 82720
      View Details
    • $470,000

      Hulett Ranch with Riding Arena

      Wyoming ranch featuring a barn, indoor riding arena, and creek.
      R-12 Morning Glory Road, Hulett, WY 82720
      View Details
    • $205,900

      Hulett, WY Land Opportunity

      Homesite near golf course in private club community.
      63a Tower View Drive, Hulett, WY 82720
      View Details
    • $345,409

      Wyoming Land Tracts For Sale

      Land tracts with creek, timber, and rolling hills near Hulett.
      E2 Soaring Eagle Road, Hulett, WY 82720
      View Details

    FAQs

    What type of property is this?
    Ranch - 36+ acre tracts with creek, timber, and rolling hills.
    Where is this ranch located?
    The property is located at E6 Soaring Eagle Road Hulett, WY.
    What is the asking price?
    The asking price for this property is $303,408.
    What are key features of this property?
    This property features: 35+ acre tracts with diverse terrain including hay ground, timber, rolling hills, and ponds.; Sourdough Creek meanders through the property.; Abundant wildlife such as Elk, Deer, Turkey, and Antelope roam freely.
    (307) 312-0818
    We can help!
    Listing Contact
    Jim Tullo
    Real Estate License ID: 16691
    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
    E6 Soaring Eagle Road, Hulett, WY 82720
    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!