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Natrona County, WY · Sold

WY-396068

4221 County Road 123

$74,200
$610/ac · 122 ac
Acreage122 ac
Price per acre$610/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedOct 13, 2025
Coordinates42.9185, -106.6870
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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

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

View Natrona market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands11.3% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power9,266 ft away

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

Buildable area102.52 of 121.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$96,546
$75,232$117,860 · $794/ac on 122 ac
Asking vs estimate
-23.1%
Priced below 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 $74,200
Maximum allowable offer
$55,169
$453/ac · +30.0% target margin

You need $19,031 off asking to hit this margin.

All-in cost$59,858
Net resale$88,822
Projected profit$28,964
ROI+48.4%
Annualized+69.3%
Break-even resale$535/ac
Profit if resale lands off target
-20%
$11,199
-10%
$20,082
0%
$28,964
+10%
$37,846
+20%
$46,728
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-616334
Dirt · Off grid
147.5Jan 9, 2026$90,50061452311.9 mi
75
WY-824694
Landlocked · Power at road
45.0Apr 20, 2026$48,8001,0857467.5 mi
75
WY-227271
Gravel · Full utilities
290.8Mar 26, 2026$411,5001,4158661.9 mi
71
WY-824958
Gravel · Off grid
54.4Dec 7, 2023$60,7001,11469915.6 mi
55
WY-747404
Paved · Full utilities
320.3May 25, 2024$570,6001,7821,02210.2 mi
55
WY-417752
Gravel · Off grid
412.1Jan 2, 2024$389,6009451,00511.2 mi
53
Show adjustment detail for the top comp
  • Tract size (147.52 ac → 121.66 ac)+5.2%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (7 mo)+2.5%

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.