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Natrona County, WY · Sold

WY-368924

4360 County Road 251

$694,000
$721/ac · 963 ac
Acreage963 ac
Price per acre$721/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMay 16, 2024
Coordinates42.9357, -106.9299
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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
18
Low risk
Wetlands12.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,788 ft of deeded road frontage.

Power6,214 ft away

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

Buildable area797.87 of 963.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$593,874
$458,862$728,886 · $617/ac on 963 ac
Asking vs estimate
+16.9%
Priced above the comp set

Weighted from 8 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 $694,000
Maximum allowable offer
$339,357
$352/ac · +30.0% target margin

You need $354,643 off asking to hit this margin.

All-in cost$368,202
Net resale$546,364
Projected profit$178,162
ROI+48.4%
Annualized+69.2%
Break-even resale$416/ac
Profit if resale lands off target
-20%
$68,889
-10%
$123,526
0%
$178,162
+10%
$232,798
+20%
$287,435
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-509148
Dirt · Full utilities
1132.8Jul 27, 2026$573,80050743313.2 mi
79
WY-718007
Paved · Off grid
495.7Jul 27, 2026$321,2006484494.1 mi
78
WY-869134
Paved · Full utilities
1121.4Oct 19, 2025$1,235,6001,1027063.1 mi
78
WY-438768
Dirt · Power at road
860.2Jan 14, 2025$456,0005305400.3 mi
77
WY-419328
Gravel · Power at road
1290.6Jun 9, 2026$801,20062158313.2 mi
77
WY-417752
Gravel · Off grid
412.1Jan 2, 2024$389,6009458104.6 mi
64
WY-227271
Gravel · Full utilities
290.8Mar 26, 2026$411,5001,41569813.3 mi
64
WY-747404
Paved · Full utilities
320.3May 25, 2024$570,6001,78282414.8 mi
56
Show adjustment detail for the top comp
  • Tract size (1132.84 ac → 963.15 ac)+5.2%
  • Access (Dirt → Gravel)+16.3%
  • 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.