WY-642741
5539 County Road 197
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Hot Springs County, Wyoming. Large grazing tracts and no-zoning recreational subdivisions.
View Hot Springs market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
609 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $21,300 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| WY-121506 Landlocked · Full utilities | 4.5 | Jul 27, 2026 | $10,400 | 2,322 | 2,257 | 1.0 mi | 79 |
| WY-861980 Dirt · Power at road | 6.3 | May 6, 2026 | $18,000 | 2,855 | 2,747 | 5.2 mi | 79 |
| WY-382330 Paved · Full utilities | 8.1 | Dec 22, 2025 | $38,300 | 4,728 | 2,802 | 2.3 mi | 77 |
| WY-901841 Paved · Off grid | 5.7 | Apr 9, 2025 | $21,500 | 3,775 | 3,235 | 4.6 mi | 68 |
| WY-691741 Landlocked · Full utilities | 5.3 | Sep 22, 2025 | $17,900 | 3,387 | 3,434 | 6.2 mi | 66 |
| WY-173984 Dirt · Power at road | 26.9 | Nov 16, 2024 | $73,300 | 2,726 | 3,213 | 9.3 mi | 59 |
Show adjustment detail for the top comp
- Tract size (4.47 ac → 10.93 ac)-5.3%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Full utilities → Off grid)-30.3%
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.