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Laramie County, WY · Sold

WY-842907

1223 County Road 51

$36,000
$2,922/ac · 12.32 ac
Acreage12.32 ac
Price per acre$2,922/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyMixed
ListedFeb 28, 2025
Coordinates41.3920, -104.7686
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

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

View Laramie market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
28
Low risk
Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope2.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area11.01 of 12.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$29,662
$22,040$37,284 · $2,408/ac on 12.32 ac
Asking vs estimate
+21.4%
Priced above the comp set

Weighted from 7 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 $36,000
Maximum allowable offer
$16,950
$1,376/ac · +30.0% target margin

You need $19,050 off asking to hit this margin.

All-in cost$18,391
Net resale$27,289
Projected profit$8,898
ROI+48.4%
Annualized+69.2%
Break-even resale$1,623/ac
Profit if resale lands off target
-20%
$3,441
-10%
$6,169
0%
$8,898
+10%
$11,627
+20%
$14,356
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-633010
Landlocked · Off grid
13.3May 21, 2026$23,3001,7552,56314.4 mi
85
WY-853344
Landlocked · Full utilities
16.9Jul 27, 2026$31,9001,8861,9548.8 mi
82
WY-842755
Dirt · Off grid
11.0Aug 21, 2024$33,7003,0493,7121.3 mi
79
WY-112507
Landlocked · Power at road
9.2Jun 24, 2024$14,5001,5772,0479.9 mi
68
WY-593884
Gravel · Power at road
25.0Jul 27, 2026$48,5001,9381,75218.4 mi
67
WY-932376
Gravel · Full utilities
8.4Oct 27, 2024$29,3003,4952,4789.5 mi
67
WY-174454
Landlocked · Power at road
37.8Nov 12, 2024$53,8001,4232,1676.0 mi
61
Show adjustment detail for the top comp
  • Tract size (13.28 ac → 12.32 ac)+0.7%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (3 mo)+1.0%

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.