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Property profile & analytics
OFF-MARKET
Land

978 Hwy South Flat, WY 82401

Property ID
Property summary
AI-generated overview

This exceptional 56.76-acre property in Washakie County, Wyoming, presents a unique investment opportunity. Located just under a mile from Worland's city limits, this land boasts 2,472,465.6 square feet of versatile space. A significant feature is Slick Creek, which flows the entire length of the property, attracting abundant wildlife. The land has a rich agricultural history, previously used for alfalfa and wheat farming. Water rights from the Upper Hanover Canal are included. The property's proximity to Worland (less than a mile), the Big Horn Mountains (30 minutes), Casper, WY (two hours), and Billings, MT (two hours) enhances its appeal. Potential uses are diverse, ranging from specialty crop farming (vegetables, flowers, nursery stock) to a small-scale subdivision, or even recreational ventures like a corn maze or pumpkin patch. The elevated area above the canal offers further income potential, perhaps for storage units or parking for recreational vehicles. Three existing billboards generate rental income: one pays $75 annually, another $400, and a third $150. A trailer house on the property may be purchased separately. This is an exceptional opportunity to embrace the Wyoming lifestyle.

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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