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Property profile & analytics
OFF-MARKET
Land

Kinnear WY Xx Rd Riverton, WY 82501

200 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 200.02-acre farm, located 23 miles west of Riverton, Wyoming, near Highway 20/26, presents a unique investment opportunity. The property boasts 180 acres of irrigated land, primarily utilizing two Reinke windshield pivots (installed in 2016 and 2020), producing approximately 1000 tons of high-quality alfalfa hay annually. An additional 20.02 acres of dry range land complements the irrigated acreage. Water rights are secured through Tribal Water Rights, with an annual cost of $4,500. The property includes two homes – a 2,044 sq ft modular home and a 1,404 sq ft modular home – and two shops: a 1,488 sq ft shop with a concrete floor and a 1,200 sq ft metal shop, also with a concrete floor. The farm is currently leased for the 2024 season, generating approximately $50,000 in annual rental income. The well-fenced property is ideal for livestock, making it suitable for either continued operation as a rental property or a return to cash commodity production. Central Wyoming's strong commodity markets and proximity to a Riverton sale barn further enhance its appeal. Annual real estate taxes are $6,780. This turnkey operation offers a solid investment with potential for significant returns, whether focused on rental income or agricultural production. The property is situated in a known feed production area, benefiting from plentiful water and productive land.

Property profile
Verified
Property type Land
Lot 200 ac (8,712,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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