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Converse County, WY · Sold

WY-564722

1868 County Road 159

$70,400
$1,534/ac · 45.89 ac
Acreage45.89 ac
Price per acre$1,534/ac
ZoningRecreational
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedApr 17, 2025
Coordinates43.0929, -105.5892
Loading terrain…
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

3 items to verify before you offer.

Risk index
19
Low risk
Wetlands12.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

767 ft of deeded road frontage.

Power191 ft away

Power at or near the road.

Buildable area38.02 of 45.89 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$96,249
$84,285 – $108,213 · $2,097/ac on 45.89 ac
Asking vs estimate
-26.9%
Priced below the comp set

Weighted from 5 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 $70,400
Maximum allowable offer
$54,999
$1,199/ac · +30.0% target margin

You need $15,401 off asking to hit this margin.

All-in cost$59,674
Net resale$88,549
Projected profit$28,875
ROI+48.4%
Annualized+69.3%
Break-even resale$1,413/ac
Profit if resale lands off target
-20%
$11,165
-10%
$20,020
0%
$28,875
+10%
$37,730
+20%
$46,585
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-945165
Paved · Power at road
63.3Mar 16, 2026$114,7001,8141,9821.3 mi
83
WY-675265
Dirt · Power at road
68.0Nov 2, 2025$110,3001,6222,5099.9 mi
71
WY-485568
Dirt · Off grid
84.7Apr 3, 2025$96,6001,1412,23415.4 mi
64
WY-255922
Gravel · Off grid
109.5Apr 24, 2024$114,5001,0461,9456.6 mi
58
WY-446256
Paved · Power at road
139.4Sep 25, 2024$173,3001,2431,74419.3 mi
55
Show adjustment detail for the top comp
  • Tract size (63.25 ac → 45.89 ac)+6.8%
  • Market time (7 mo)+2.3%

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.