Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    92 County Road 111 Evanston, WY 82930

    Property Lookup

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

    92 County Road 111 Evanston, WY 82930

    View on Map
    • Auto shops
    • 10,720 SF
    • 3.00 lot acres
    For Sale
    $1,800,000
    View Listing →
    Evanston Industrial Property: 3 Acres For Sale
    $1,800,000

    Evanston Industrial Property: 3 Acres

    Prime Evanston industrial land, 3 acres, $1.8M.

    92 County Road 111, Evanston, WY 82930
    View Listing
    Property ID
    US95-0167159
    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

    • Auto shops

    Property Details for 92 County Road 111

    Year built
    1982
    Construction
    FRAME
    Lot size
    3.00 lot acres
    Property size
    10,720 SF
    Property type
    Auto shops
    APN
    15212440001400
    APU
    15212440001400

    Description

    This exceptional 3-acre industrial property located at 92 County Road 111, Evanston, Wyoming, presents a significant investment opportunity. The expansive land parcel offers considerable potential for a variety of industrial uses, providing ample space for development or expansion. Situated in Evanston, the property benefits from convenient access to key transportation routes, facilitating efficient logistics and distribution. The asking price is $1,800,000. The property's size and location make it ideal for businesses requiring significant land area for operations, storage, or manufacturing. Given its strategic location within Evanston's industrial sector, this property is poised for strong future growth and return on investment. The absence of existing structures allows for complete customization to meet specific business needs, offering unparalleled flexibility in design and layout. Prospective buyers are encouraged to conduct their own due diligence to assess the suitability of the property for their intended use. This is a rare opportunity to acquire a substantial industrial land parcel in a desirable location. The property's size and location offer significant advantages for businesses seeking to establish or expand their operations in the Evanston area. Serious inquiries are welcome. The property is offered as-is.

    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
    -111.007
    Latitude
    41.2574
    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
    $1,913
    $7,653
    $22,679
    $30,332
    -
    $80,556
    $238,730
    $319,286

    Comparable in this City

    • Value Estimation by Request
      5,000 SF

      50 Jamison Dr

      AUTO REPAIR, GARAGE • 5,000 SF
      50 Jamison Dr, Evanston, WY 82930-9723
      View Details
    • Value Estimation by Request
      3,200 SF

      10 Riverside Loop

      AUTO REPAIR, GARAGE • 3,200 SF
      10 Riverside Loop, Evanston, WY 82930-2830
      View Details
    • Value Estimation by Request
      8,341 SF

      201 Bear Riv Dr

      AUTO REPAIR, GARAGE • 8,341 SF
      201 Bear Riv Dr, Evanston, WY 82930-2802
      View Details
    • Value Estimation by Request
      6,000 SF

      217 Bear Riv Dr

      AUTO REPAIR, GARAGE • 6,000 SF
      217 Bear Riv Dr, Evanston, WY 82930-2802
      View Details
    • Value Estimation by Request
      3,150 SF

      98 Bernard St

      AUTO REPAIR, GARAGE • 3,150 SF
      98 Bernard St, Evanston, WY 82930
      View Details
    • Value Estimation by Request
      6,250 SF

      515 County Rd

      AUTO REPAIR, GARAGE • 6,250 SF
      515 County Rd, Evanston, WY 82930-2103
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,956 SF

      Evanston Commercial Building For Sale

      18,956 SF commercial building on 3.33 acres for sale.
      371 Prospector Dr, Evanston, WY 82930
      View Details
    • $350,000
      13,246 SF

      Evanston Landmark Business Opportunity

      Iconic 13,246 SF Evanston building ready for visionary owner.
      30 County Rd, Evanston, WY 82930
      View Details
    • $333,000
      1.00 Acre

      Evanston Restaurant - Hwy 89

      Turnkey Restaurant, High Visibility, Hwy 89
      7436 State Highway 89, Evanston, WY 82930
      View Details
    • Contact for pricing
      6,161 SF

      Evanston Mixed-Use Investment Opportunity

      Historic Downtown Evanston building, 6,161 SF, renovated 2011
      1028 Main St, Evanston, WY 82930
      View Details
    • $3,500,000
      45,000 SF

      Evanston Industrial Space For Sale

      Large industrial space, prime location. Excellent investment opportunity.
      3281 Wy-89, Evanston, WY 82930
      View Details
    • $900,000
      12,300 SF

      Industrial Property with Covered Port

      Industrial property featuring a covered port and fenced acreage.
      225 West St, Evanston, WY 82930
      View Details

    Similar Nearby for Lease

    • 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
    • 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
    • $1,100 /Mo
      2,600 SF

      Evanston, WY Commercial Space

      Commercial space for lease with gated yard and overhead door.
      76 Imperial Dr, 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
    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.
    92 County Road 111
    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!