Hot Springs County, WY · Sold

WY-447894

247 County Road 349

$1,073,300

$2,350/ac · 457 ac

Offer report Market this tract

Acreage457 ac

Price per acre$2,350/ac

ZoningMixed Use

Road accessPaved

UtilitiesPower at road

TopographySloped

ListedJun 25, 2025

Coordinates43.7341, -108.5487

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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

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

View Hot Springs market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope17.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,095 ft of deeded road frontage.

Power96 ft away

Power at or near the road.

Buildable area353.31 of 456.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$878,330

$720,920 – $1,035,739 · $1,923/ac on 457 ac

Asking vs estimate

+22.2%

Priced above 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 $1,073,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$501,903

$1,099/ac · +30.0% target margin

You need $571,397 off asking to hit this margin.

All-in cost$544,565

Net resale$808,063

Projected profit$263,499

ROI+48.4%

Annualized+69.2%

Break-even resale$1,296/ac

Profit if resale lands off target

-20%

$101,886

-10%

$182,692

$263,499

+10%

$344,305

+20%

$425,111

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-437861 Landlocked · Off grid	445.9	Jul 27, 2026	$532,100	1,193	2,424	10.8 mi	82
WY-187696 Dirt · Off grid	395.7	Jul 27, 2026	$461,300	1,166	1,807	10.6 mi	80
WY-418283 Gravel · Power at road	605.4	Aug 15, 2025	$1,107,100	1,829	2,449	4.8 mi	80
WY-498193 Gravel · Power at road	567.2	Aug 21, 2025	$756,500	1,334	1,750	1.5 mi	79
WY-587788 Gravel · Power at road	423.0	Sep 2, 2024	$628,800	1,487	1,855	6.4 mi	74
WY-166583 Landlocked · Off grid	176.7	Jul 27, 2026	$183,500	1,038	1,615	10.5 mi	73
WY-266961 Landlocked · Power at road	232.3	Mar 8, 2026	$220,300	948	1,375	5.7 mi	73
WY-397776 Dirt · Off grid	419.3	Dec 20, 2023	$440,000	1,049	1,835	3.7 mi	72
WY-239351 Gravel · Off grid	1312.3	Jul 27, 2026	$1,579,600	1,204	2,317	11.5 mi	67
WY-579151 Paved · Off grid	1135.3	Dec 31, 2025	$1,231,600	1,085	1,732	10.0 mi	67

Show adjustment detail for the top comp

Tract size (445.93 ac → 456.71 ac)-0.7%
Access (Landlocked → Paved)+73.5%
Utilities (Off grid → Power at road)+17.6%

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