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    877 Road 22 Powell, WY 82435
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    Property profile & analytics

    877 Road 22, Powell, WY 82435

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    • Commercial real estate
    • 2,415 SF
    Off-Market
    Property ID
    US95-0303612
    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 real estate

    Property Details for 877 Road 22

    Year built
    2007
    Property size
    2,415 SF
    Property type
    Commercial real estate

    Description

    This exceptional 1,192+/- acre ranch in Powell, Wyoming, presents a unique investment opportunity. Located at 877 Road 22, this expansive property boasts a diverse landscape, encompassing rolling irrigated fields and gently sloping hills. The farm includes over 550+/- acres under four pivot irrigation systems, with most being new Reinke pivots installed in 2022. These irrigated acres are currently used for cultivating grass, hay, barley, and alfalfa, supporting a year-round operation of approximately 300 head of cattle. An additional 640+/- acres of rolling terrain to the north serve as a mare pasture, providing ample grazing and privacy, bordered by a significant public land holding. The property benefits from the year-round flow of Alkali Creek along its southern border, creating a rich riparian habitat and providing a reliable water source for livestock. A spring-fed pond, also used for livestock watering and irrigation, adds to the property's water resources and holds a fish permit. The 2,415 square foot main house was built in 2007. This turnkey operation is a rare find, showcasing exceptional care and pride of ownership. The asking price is $8,500,000. The property is located in Park County, Wyoming, zip code 82435.

    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
    Powell
    County
    Park
    State
    Wyoming
    Longitude
    -109.0127022
    Latitude
    44.7579866

    Comparable in this City

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      Productive Land in Powell, Wyoming

      Approximately 39.15 acres of high-quality production ground for sale.
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    • $259,000
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      Productive Farmland in Powell, Wyoming

      40.3 acres of high-quality agricultural land for sale.
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      1,960 SF

      Powell Wyoming Hay Farm

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      Powell, WY Agricultural Land

      Approximately 39.15 acres of high-quality production ground.
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    • $729,000
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      Ranch Property with Irrigation Rights

      Ranch property featuring irrigation, fencing, and established tree lines.
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    Similar Nearby for Sale

    • Contact for pricing
      1,960 SF

      Powell Wyoming Hay Farm

      Hay farm with new construction near Powell, Wyoming.
      600 Road 12, Powell, WY 82435
      View Details
    • $259,000
      39.15 Acres

      Powell, WY Agricultural Land

      Approximately 39.15 acres of high-quality production ground.
      Lot 58-H Rd 4, Powell, WY 82435
      View Details
    • $259,000
      40.29 Acres

      Productive Farmland in Powell, Wyoming

      40.3 acres of high-quality agricultural land for sale.
      8 1/2, Powell, WY 82435
      View Details
    • $259,000
      36.29 Acres

      Productive Land in Powell, Wyoming

      Approximately 39.15 acres of high-quality production ground for sale.
      8 Tbd Ln, Powell, WY 82435
      View Details
    • $729,000
      194.00 Acres

      Ranch Property with Irrigation Rights

      Ranch property featuring irrigation, fencing, and established tree lines.
      Road 5N, Powell, WY 82435
      View Details

    Similar Nearby for Lease

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    Powell, WY 82435
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    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.

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