Converse County, WY · Sold

WY-380594

8474 County Road 400

$6,500

$2,814/ac · 2.31 ac

Offer report Market this tract

Acreage2.31 ac

Price per acre$2,814/ac

ZoningAgricultural

Road accessDirt

UtilitiesFull utilities

TopographyWooded

ListedJul 17, 2026

Coordinates42.9012, -105.6213

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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Converse County, Wyoming. Large grazing tracts and no-zoning recreational subdivisions.

View Converse market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands11.5% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

165 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.94 of 2.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$6,668

$5,355 – $7,980 · $2,886/ac on 2.31 ac

Asking vs estimate

-2.5%

In line with the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $6,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$3,810

$1,649/ac · +30.0% target margin

You need $2,690 off asking to hit this margin.

All-in cost$4,134

Net resale$6,134

Projected profit$2,000

ROI+48.4%

Annualized+69.3%

Break-even resale$1,945/ac

Profit if resale lands off target

-20%

$773

-10%

$1,387

$2,000

+10%

$2,614

+20%

$3,227

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-630547 Dirt · Off grid	2.2	Mar 18, 2025	$5,300	2,370	3,600	9.1 mi	76
WY-261549 Paved · Power at road	4.6	Jul 27, 2026	$17,600	3,816	3,476	8.4 mi	72
WY-311690 Landlocked · Off grid	5.1	Jul 3, 2026	$6,200	1,219	2,283	7.0 mi	71
WY-140469 Dirt · Off grid	2.1	Aug 9, 2024	$5,200	2,446	3,800	13.0 mi	70
WY-442063 Paved · Off grid	6.7	Apr 16, 2026	$16,200	2,421	2,675	12.5 mi	68
WY-191816 Gravel · Off grid	5.6	Nov 23, 2025	$12,900	2,316	3,038	8.6 mi	65
WY-792098 Landlocked · Off grid	6.9	Mar 26, 2026	$8,100	1,185	2,280	10.7 mi	64
WY-912278 Dirt · Power at road	7.8	Jan 14, 2026	$15,800	2,028	2,666	10.7 mi	63
WY-721533 Gravel · Power at road	4.5	Jun 27, 2024	$9,100	2,010	2,348	14.5 mi	57
WY-892069 Gravel · Power at road	6.7	Mar 27, 2024	$12,900	1,929	2,319	13.1 mi	53

Show adjustment detail for the top comp

Utilities (Off grid → Full utilities)+43.5%
Market time (17 mo)+5.9%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.

Build the listing kit Post a deal or JV