Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    120 N 3Rd St Evanston, WY 82930

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    120 N 3Rd St Evanston, WY 82930

    View on Map
    • Commercial land
    • 0.78 lot acres
    For Sale
    $750,000
    View Listing →
    Evanston Land For Sale For Sale
    $750,000

    Evanston Land For Sale

    Land available for sale in Evanston, Wyoming.

    120 N 3rd St, Evanston, WY 82930
    View Listing
    Property ID
    US95-0205741
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 120 N 3Rd St

    Lot size
    0.78 lot acres
    Property type
    Commercial land
    APN
    15202111300200
    APU
    15202111300200

    Description

    This exceptional 0.78-acre commercial land parcel presents a unique investment opportunity in Evanston, Wyoming. Strategically located at 120 N 3rd Street, 82930, this property boasts unparalleled visibility and accessibility. Situated directly off the I-80 interchange, it benefits from exceptional traffic counts, with 10,862 average daily traffic on the adjacent Front Street. The site's prime location places it at the main entrances to both Murdoch's and the Walmart Supercenter, ensuring high foot traffic and significant consumer exposure. The land is zoned for commercial use and offers the potential for a drive-thru business, making it ideal for a variety of commercial ventures. The asking price for this highly desirable property is $750,000. Its location in Uinta County, Wyoming, provides easy access to major transportation routes and a thriving local market. This is a rare opportunity to acquire a well-positioned commercial lot with significant development potential. Don't miss out on this chance to establish your business in a high-traffic, high-visibility location. Contact us today to learn more about this exceptional property and explore its possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Evanston
    County
    Uinta
    State
    Wyoming
    Longitude
    -110.957
    Latitude
    41.2639
    CBSA code
    21740
    CBSA name
    EVANSTON, WY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $1,300
    $19,096
    $0.00
    $19,096
    -
    $201,009
    $0.00
    $201,009

    Comparable in this City

    • Value Estimation by Request
      1.54 Acres

      Frontage Rd

      VACANT COMMERCIAL LAND • 1.54 Acres
      Frontage Rd, Evanston, WY 82930
      View Details
    • Value Estimation by Request
      9.21 Acres

      40 Agape Way

      VACANT COMMERCIAL LAND • 9.21 Acres
      40 Agape Way, Evanston, WY 82930-4828
      View Details
    • Value Estimation by Request
      4.45 Acres

      Aspen Grv E Dr

      VACANT COMMERCIAL LAND • 4.45 Acres
      Aspen Grv E Dr, Evanston, WY 82930
      View Details
    • Value Estimation by Request
      0.67 Acres

      Bear Riv Dr

      VACANT COMMERCIAL LAND • 0.67 Acres
      Bear Riv Dr, Evanston, WY 82930
      View Details
    • Value Estimation by Request
      0.29 Acres

      200 Bear Riv Dr

      VACANT COMMERCIAL LAND • 0.29 Acres
      200 Bear Riv Dr, Evanston, WY 82930-2852
      View Details
    • Value Estimation by Request
      0.36 Acres

      527 County Rd

      VACANT COMMERCIAL LAND • 0.36 Acres
      527 County Rd, Evanston, WY 82930-2103
      View Details

    Similar Nearby for Sale

    • $133,947
      2.05 Acres

      Evanston, WY Industrial Land Portfolio

      10.12 acres of industrial land in Evanston, Wyoming.
      3861 Yellow Creek Rd, Evanston, WY 82930
      View Details
    • $135,907
      2.08 Acres

      Evanston, WY Industrial Land Parcels

      10.12 acres of industrial land in Evanston, Wyoming.
      3827 Yellow Creek Rd, Evanston, WY 82930
      View Details
    • $134,600
      2.06 Acres

      Evanston, WY Industrial Land Parcels

      Multiple industrial land parcels available in Evanston, Wyoming.
      3925 Yellow Creek Rd, Evanston, WY 82930
      View Details
    • Contact for pricing

      Level Corner Lot For Sale

      Corner lot suitable for building with city utilities available.
      325 Davis Dr, Evanston, WY 82930
      View Details
    • $135,000
      56.01 Acres

      56 Acres Wyoming High-Country Freedom

      56-acre tract perfect for off-grid living near Evanston, WY.
      147 High Pt, Evanston, WY 82930
      View Details
    • $749,000
      15.96 Acres

      Residential Land in Evanston, Wyoming

      15.96-acre residential land offers development opportunity in Evanston, Wyoming.
      46 City View Dr, Evanston, WY 82930
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Land For Lease

      Up to 5.24 AC industrial land for lease.
      4137 State Highway 150 S, Evanston, WY 82930
      View Details
    • Contact for pricing

      Industrial Land For Lease

      Up to 5.24 AC of industrial land for lease.
      4137 Wy-150, Evanston, WY 82930
      View Details
    • Contact for pricing
      1,300 SF

      Flexible Commercial Space For Lease

      Commercial space with gated yard and overhead door for lease.
      76 Imperial Dr, Evanston, WY 82930
      View Details
    • $7 SF/Yr
      2,600 SF

      Evanston Industrial Building with Yard

      2,600 SF industrial building with ample yard space.
      4145 State Highway 150, Evanston, WY 82930
      View Details
    • $4,258 /Mo
      7,200 SF

      Evanston, WY Industrial Warehouse

      7,200 SF industrial warehouse with gated yard space.
      80 Allegiance Cir, Evanston, WY 82930
      View Details
    • Contact for pricing
      1,500 SF

      Functional Warehouse with Office Space

      1,500 SF warehouse with office, fenced yard, I-80 access.
      91 Allegiance Cir, Evanston, WY 82930
      View Details
    View Listing
    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.
    120 N 3Rd St
    Evanston, WY 82930
    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!