Property Details for Kinnear WY Xx Rd

Lot size

200.00 lot acres

Property type

Land

Property subtype

Farms

Description

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.

Location Insight

City

Riverton

County

Fremont

State

Wyoming

Longitude

-108.707

Latitude

43.113