0 Xxx Wheatland Wheatland, WY 82201
This exceptional Wyoming agricultural property, known as Mountain View Pivots, presents a unique investment opportunity. The 463-deeded acres boast approximately 244 acres of highly productive irrigated land, serviced by two state-of-the-art 7-tower Zimatic center pivots installed in 2019. These pivots, equipped with GPS guidance systems, efficiently irrigate the land, resulting in consistent high yields. Two irrigation wells support the system; the west well boasts an 850 gpm permit, 348' depth, and a 90' static water level, while the east well has an 825 gpm permit, 348' depth, and a 155' static water level. A four-year-old alfalfa stand thrives on this land, producing 4.85 tons per acre in 2022 and 5.29 tons per acre in 2023 (despite an early freeze in 2022). Electrical costs during the growing season average approximately $6,000 per month from Wheatland REA. A submersible well provides ample stock water. The property is fully fenced with four-wire barbed wire. Conveniently located 11 miles north of Wheatland, Wyoming, on a well-maintained county road, this property benefits from the town's local services and is within reasonable proximity to Cheyenne, Wyoming (80 miles south) for additional amenities. Detailed soil composition reports are available for both the east and west pivot areas, showcasing the diverse and fertile land. This turnkey operation offers immediate income potential and significant long-term growth prospects.
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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Property description
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.