Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    532 Etna Way Alpine Northeast, WY 83118
    Back to Search
    Property profile & analytics

    532 Etna Way Alpine Northeast, WY 83118

    View on Map
    • Land
    • 6.51 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 532 Etna Way

    Lot size
    6.51 lot acres
    Property type
    Land

    Description

    This exceptional 6.51-acre commercial land parcel presents a unique investment opportunity in the desirable Etna, Wyoming area, specifically within the Crescent Moon subdivision. Located at 532 Cord 112 Etna Wy, with APN 35191140030000, this property offers significant potential for various commercial ventures. The expansive lot size provides ample space for development, catering to a wide range of business needs. Its location in Lincoln County, Wyoming, offers access to a growing community and attractive lifestyle. The property's zoning (not specified) should be verified with the relevant county authorities to ensure compatibility with intended development plans. The asking price is $330,000. The address is precisely 532 Cord 112 Etna Wy, Etna, WY 83118, with GPS coordinates of 43.1044562 latitude and -110.9164483 longitude. The property's description highlights its suitability for those seeking a western lifestyle, potentially suggesting equestrian-related businesses or activities. Prospective buyers are encouraged to conduct their own due diligence and verify all information with the appropriate authorities before making a purchase decision. This property is being offered as-is.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Alpine Northeast
    County
    Lincoln
    State
    Wyoming
    Longitude
    -110.916
    Latitude
    43.1045

    Comparable in this City

    • Value Estimation by Request
      6.54 Acres

      1 County Rd 112 Rd

      Land • 6.54 Acres
      1 County Rd 112 Rd, Etna, WY 83118
      View Details
    • Value Estimation by Request
      8.27 Acres

      532 Co Rd

      Land • 8.27 Acres
      532 Co Rd, Etna, WY 83118
      View Details
    • Value Estimation by Request
      5.78 Acres

      532 Co Rd

      Land • 5.78 Acres
      532 Co Rd, Etna, WY 83118
      View Details
    • Value Estimation by Request
      8.27 Acres

      3 County Rd 112 Rd

      Land • 8.27 Acres
      3 County Rd 112 Rd, Etna, WY 83118
      View Details
    • Value Estimation by Request
      6.51 Acres

      2 County Rd 112 Rd

      Land • 6.51 Acres
      2 County Rd 112 Rd, Etna, WY 83118
      View Details
    • Value Estimation by Request
      5.78 Acres

      4 County Rd

      Land • 5.78 Acres
      4 County Rd, Etna, WY 83118
      View Details

    Similar Nearby for Sale

    • $375,000
      9.94 Acres

      Etna, WY - 10 Acre Land

      Nearly 10-acre land in Etna, WY with mountain views.
      Wagon Wheel Cir, Etna, WY 83118
      View Details
    • $359,000
      6.22 Acres

      Land with Mountain Views

      6.22 acres of land near Snake River Canyon.
      Stewart Creek Rd, Etna, WY 83118
      View Details
    • $105,000
      0.73 Acres

      Residential Land in Etna Village

      Flat, .73-acre lot in Etna Village Estates.
      71 Etna Vlg, Etna, WY 83118
      View Details
    • $799,000
      5.01 Acres

      5.1 Acres with Stewart Creek

      Breathtaking 5.1-acre lot with creek and recreational opportunities.
      Stewart Trl, Etna, WY 83118
      View Details
    • $3,495,000
      4,158 SF

      Etna, WY Commercial Property & Business

      Profitable Stone Works Business & Real Estate
      107817 Hwy 89, Etna, WY 83118
      View Details
    • $219,000
      5.01 Acres

      Etna, WY Approved Land Lots

      Commercial/Residential approved lots suitable for various uses in Etna, WY.
      Oxeye Daisy Ct, Etna, WY 83118
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    532 Etna Way
    Alpine Northeast, WY 83118
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    532 Etna Way, Alpine Northeast, WY, 83118
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!