0 Eastern Montana Dryland Farm Verona, WY 82845
This exceptional 2,254.05-acre property in Sheridan County, Wyoming, presents a unique investment opportunity combining productive farmland and prime hunting/recreational land. The property is divided into two tracts: Tract 1 encompasses 961.70 acres, including 477.49 acres of FSA cropland and 480.47 acres of grassland/pasture. Tract 2 comprises 1,292.35 acres, featuring 923.71 acres of FSA cropland and 361.81 acres of grassland/pasture. The predominantly Class III soils are well-suited for dryland small-grain production, with recent crops including durum wheat and yellow mustard. Nine grain bins provide ample on-site storage. A reputable tenant has managed the farm for two years under a crop-share lease. Beyond agriculture, the property boasts over 850 acres of quality pasture ideal for livestock grazing, supported by an average annual precipitation of 14 inches. Hunting enthusiasts will appreciate the abundant wildlife, including pheasants, quail, waterfowl, mule deer, and pronghorn. The property's proximity to Medicine Lake National Wildlife Refuge (25 miles) further enhances its recreational value, offering access to waterfowl hunting, sport fishing, and game hunting during respective seasons. This property offers a compelling blend of agricultural potential and recreational pursuits in a region known for its low property taxes and favorable agricultural regulations. The location is near Wyarno, WY, zip code 82845.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.