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Hot Springs County, WY · Sold

WY-245441

2631 County Road 331

$192,200
$2,488/ac · 77.25 ac
Acreage77.25 ac
Price per acre$2,488/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedFeb 23, 2024
Coordinates43.6643, -108.4546
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

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

3 items to verify before you offer.

Risk index
15
Low risk
Wetlands12.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,094 ft of deeded road frontage.

Power173 ft away

Power at or near the road.

Buildable area64.14 of 77.25 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$167,138
$143,625$190,650 · $2,164/ac on 77.25 ac
Asking vs estimate
+15.0%
Priced above the comp set

Weighted from 6 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 $192,200
Maximum allowable offer
$95,507
$1,236/ac · +30.0% target margin

You need $96,693 off asking to hit this margin.

All-in cost$103,625
Net resale$153,767
Projected profit$50,142
ROI+48.4%
Annualized+69.3%
Break-even resale$1,458/ac
Profit if resale lands off target
-20%
$19,388
-10%
$34,765
0%
$50,142
+10%
$65,518
+20%
$80,895
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-515753
Gravel · Off grid
96.8Apr 22, 2026$224,5002,3182,5075.4 mi
79
WY-605493
Dirt · Off grid
80.2Aug 14, 2024$145,8001,8182,3394.3 mi
76
WY-166583
Landlocked · Off grid
176.7Jul 27, 2026$183,5001,0381,9106.6 mi
72
WY-266961
Landlocked · Power at road
232.3Mar 8, 2026$220,3009481,6262.8 mi
70
WY-695733
Gravel · Off grid
95.5Jun 1, 2024$178,3001,8682,1719.4 mi
67
WY-173984
Dirt · Power at road
26.9Nov 16, 2024$73,3002,7262,3884.4 mi
64
Show adjustment detail for the top comp
  • Tract size (96.84 ac → 77.25 ac)+5.5%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.3%

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.