Natrona County, WY · Sold

WY-438768

5115 County Road 376

$485,100

$564/ac · 860 ac

Offer report Market this tract

Acreage860 ac

Price per acre$564/ac

ZoningRecreational

Road accessDirt

UtilitiesPower at road

TopographyFlat

ListedFeb 23, 2024

Coordinates42.9326, -106.9325

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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

Low risk

Wetlands15.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power84 ft away

Power at or near the road.

Buildable area690.55 of 860.23 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$572,609

$445,368 – $699,851 · $666/ac on 860 ac

Asking vs estimate

-15.3%

Priced below 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 $485,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$327,205

$380/ac · +30.0% target margin

You need $157,895 off asking to hit this margin.

All-in cost$355,017

Net resale$526,801

Projected profit$171,783

ROI+48.4%

Annualized+69.3%

Break-even resale$449/ac

Profit if resale lands off target

-20%

$66,423

-10%

$119,103

$171,783

+10%

$224,463

+20%

$277,143

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-509148 Dirt · Full utilities	1132.8	Jul 27, 2026	$573,800	507	453	13.4 mi	84
WY-718007 Paved · Off grid	495.7	Jul 27, 2026	$321,200	648	470	3.9 mi	82
WY-419328 Gravel · Power at road	1290.6	Jun 9, 2026	$801,200	621	610	13.4 mi	79
WY-869134 Paved · Full utilities	1121.4	Oct 19, 2025	$1,235,600	1,102	739	3.3 mi	76
WY-368924 Gravel · Off grid	963.1	Jun 18, 2024	$630,800	655	749	0.3 mi	75
WY-417752 Gravel · Off grid	412.1	Jan 2, 2024	$389,600	945	849	4.8 mi	65
WY-227271 Gravel · Full utilities	290.8	Mar 26, 2026	$411,500	1,415	731	13.4 mi	62
WY-747404 Paved · Full utilities	320.3	May 25, 2024	$570,600	1,782	863	15.0 mi	53

Show adjustment detail for the top comp

Tract size (1132.84 ac → 860.23 ac)+8.9%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV