847 Lane 7 Powell, WY 82435
This exceptional 117-acre Wyoming farm and ranch property presents a unique blend of agricultural potential and recreational enjoyment. The land boasts 92 irrigated acres, ensuring consistent productivity for various crops. A 12-acre grass mix pasture, seeded in 2022, yielded an impressive 18 tons of hay in a single cutting, while a 25-acre alfalfa stand produced 96 tons last season. An additional 55 acres of fertile fields, irrigated by a well-maintained system of concrete ditches and siphon tubes, offer ample space for diverse agricultural pursuits, from corn to sugar beets. The property includes a fully functional feedyard with a loading chute and windbreak, along with calving and bull pens featuring lean-to cover and sturdy fencing. A horse/calving barn, heated by a 200-gallon propane heater, provides ample shelter. A fully insulated and heated workshop, equipped with gas heating, power outlets, and welding capabilities, is ideal for equipment maintenance and repairs. The charming homestead has undergone recent renovations, including fresh paint, new appliances, and updated fixtures. The Bitter Creek river flows through the property, providing over a mile of year-round water access and excellent brown trout fishing opportunities. The property also offers ample space for potential expansion, including the construction of an additional residence. Conveniently located just 72 miles from Yellowstone National Park and 40 miles from the Big Horn Mountains, this property offers unparalleled access to outdoor recreation. The 980 square foot home was built in 1974. The asking price is $1,050,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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