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Johnson County, WY · Sold

WY-698935

2284 County Road 305

$888,900
$916/ac · 971 ac
Acreage971 ac
Price per acre$916/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMar 2, 2024
Coordinates44.0052, -106.4699
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

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

View Johnson market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,522 ft of deeded road frontage.

Power10,190 ft away

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

Buildable area783.05 of 970.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$724,654
$658,845$790,463 · $746/ac on 971 ac
Asking vs estimate
+22.7%
Priced above the comp set

Weighted from 4 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 $888,900
Maximum allowable offer
$414,088
$427/ac · +30.0% target margin

You need $474,812 off asking to hit this margin.

All-in cost$449,285
Net resale$666,682
Projected profit$217,396
ROI+48.4%
Annualized+69.2%
Break-even resale$503/ac
Profit if resale lands off target
-20%
$84,060
-10%
$150,728
0%
$217,396
+10%
$284,064
+20%
$350,732
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-908771
Gravel · Full utilities
862.1Jun 28, 2025$1,191,2001,3828362.4 mi
82
WY-856866
Dirt · Power at road
216.9Jul 27, 2026$287,5001,32672213.7 mi
64
WY-976146
Gravel · Off grid
128.7Jul 27, 2026$198,1001,53973616.8 mi
59
WY-926024
Dirt · Power at road
117.8Jan 25, 2025$156,2001,3266518.4 mi
53
Show adjustment detail for the top comp
  • Tract size (862.1 ac → 970.86 ac)-3.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (14 mo)+4.8%

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.