Hot Springs County, WY · Sold

WY-397776

8284 County Road 205

$493,300

$1,176/ac · 419 ac

Offer report Market this tract

Acreage419 ac

Price per acre$1,176/ac

ZoningUnzoned

Road accessDirt

UtilitiesOff grid

TopographySloped

ListedNov 28, 2023

Coordinates43.7323, -108.4754

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope20.8%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,088 ft of deeded road frontage.

Power13,466 ft away

A long utility run — price in solar/off-grid instead.

Buildable area247.05 of 419.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$524,096

$428,670 – $619,522 · $1,250/ac on 419 ac

Asking vs estimate

-5.9%

Priced below 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 $493,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$299,483

$714/ac · +30.0% target margin

You need $193,817 off asking to hit this margin.

All-in cost$324,939

Net resale$482,168

Projected profit$157,229

ROI+48.4%

Annualized+69.3%

Break-even resale$842/ac

Profit if resale lands off target

-20%

$60,796

-10%

$109,012

$157,229

+10%

$205,446

+20%

$253,663

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-187696 Dirt · Off grid	395.7	Jul 27, 2026	$461,300	1,166	1,148	8.1 mi	88
WY-447894 Paved · Power at road	456.7	Jul 27, 2026	$1,042,200	2,282	1,454	3.7 mi	86
WY-437861 Landlocked · Off grid	445.9	Jul 27, 2026	$532,100	1,193	1,541	8.3 mi	85
WY-266961 Landlocked · Power at road	232.3	Mar 8, 2026	$220,300	948	874	5.5 mi	76
WY-498193 Gravel · Power at road	567.2	Aug 21, 2025	$756,500	1,334	1,112	2.3 mi	75
WY-166583 Landlocked · Off grid	176.7	Jul 27, 2026	$183,500	1,038	1,027	6.9 mi	73
WY-587788 Gravel · Power at road	423.0	Sep 2, 2024	$628,800	1,487	1,179	7.5 mi	72
WY-418283 Gravel · Power at road	605.4	Aug 15, 2025	$1,107,100	1,829	1,556	6.0 mi	71
WY-239351 Gravel · Off grid	1312.3	Jul 27, 2026	$1,579,600	1,204	1,473	8.2 mi	70
WY-579151 Paved · Off grid	1135.3	Dec 31, 2025	$1,231,600	1,085	1,101	7.4 mi	66

Show adjustment detail for the top comp

Tract size (395.69 ac → 419.3 ac)-1.7%

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