Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Quail Run Glenrock, WY 82637

    • Land
    • 6.25 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 2 Quail Run

    Lot size
    6.25 lot acres
    Property type
    Land

    Description

    This exceptional 6.25-acre residential lot presents a unique opportunity to build your dream home in the desirable Quail Run subdivision of Converse County, Wyoming. Located just east of Glenrock, this property boasts breathtaking views of the river valley and surrounding mountains, offering a tranquil and picturesque setting. The lot is conveniently situated off Highway 20-26-87, providing easy access to Interstate 25 for seamless commuting. Electricity is readily available at the lot line, simplifying the construction process. With a total square footage of 272,250, this expansive lot offers ample space for a custom home and landscaping. The asking price for this remarkable property is $89,900. This is an ideal location for those seeking a peaceful rural lifestyle with convenient access to amenities. The property's address is Lot 2 Quail Run, Glenrock, WY 82637. Don't miss this chance to own a piece of Wyoming's stunning landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Glenrock
    County
    Converse
    State
    Wyoming
    Longitude
    -105.923
    Latitude
    42.7866

    Comparable in this City

    • Value Estimation by Request
      4.49 Acres

      1 Quail Run

      Land • 4.49 Acres
      1 Quail Run, Glenrock, WY 82637
      View Details
    • Value Estimation by Request
      6.42 Acres

      3 Pheasant Dr

      Land • 6.42 Acres
      3 Pheasant Dr, Glenrock, WY 82637
      View Details
    • Value Estimation by Request
      8.36 Acres

      4 Pheasant Dr

      Land • 8.36 Acres
      4 Pheasant Dr, Glenrock, WY 82637
      View Details
    • Value Estimation by Request
      1,938 SF

      202 California Trl

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,938 SF
      202 California Trl, Glenrock, WY 82637-5272
      View Details
    • Value Estimation by Request
      2,028 SF

      746 5th St

      APARTMENT HOUSE (UNDER 5 UNITS) • 2,028 SF
      746 5th St, Glenrock, WY 82637-5045
      View Details
    • Value Estimation by Request
      1,675 SF

      622 Aspen St

      APARTMENT HOUSE (UNDER 5 UNITS) • 1,675 SF
      622 Aspen St, Glenrock, WY 82637-5275
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land For Sale Glenrock, WY

      Land available in Glenrock, Wyoming.
      532 Emigrant Dr, Glenrock, WY 82637
      View Details
    • $38,500
      0.18 Acres

      Residential Land in Glenrock, Wyoming

      7,700 sq. ft. lot with utilities in Glenrock, Wyoming.
      532 Windmill Rd, Glenrock, WY 82637
      View Details
    • $575,000
      8.80 Acres

      Glenrock Commercial Land on I-25

      8.8 acres with I-25 access, ideal for commercial use.
      1000 Deer Creek Rd, Glenrock, WY 82637
      View Details
    • $63,500
      0.28 Acres

      Residential Lot Near Golf Course

      Large corner lot suitable for building a custom home.
      820 Grove St, Glenrock, WY 82637
      View Details
    • $525,000
      4,592 SF

      Glenrock Restaurant - Highway 20-26

      Established Restaurant, Prime Location
      1136 Us Hwy, Glenrock, WY 82637
      View Details
    • $425,000
      3,300 SF

      Glenrock Commercial Building For Sale

      3,300 sq ft, 0.39 acre lot. Great investment opportunity!
      505 Birch St, Glenrock, WY 82637
      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.
    2 Quail Run
    Glenrock, WY 82637
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!