Niobrara County, WY · Sold

WY-355891

2934 County Road 197

$262,500

$2,453/ac · 107 ac

Offer report Market this tract

Acreage107 ac

Price per acre$2,453/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedOct 7, 2024

Coordinates43.1105, -104.5097

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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

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

View Niobrara market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index

Low risk

Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope23.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

847 ft of deeded road frontage.

Power5 ft away

Power at or near the road.

Buildable area62.22 of 107.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$240,180

$192,926 – $287,435 · $2,244/ac on 107 ac

Asking vs estimate

+9.3%

Priced above the comp set

Weighted from 10 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 $262,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$137,246

$1,282/ac · +30.0% target margin

You need $125,254 off asking to hit this margin.

All-in cost$148,912

Net resale$220,966

Projected profit$72,054

ROI+48.4%

Annualized+69.2%

Break-even resale$1,512/ac

Profit if resale lands off target

-20%

$27,861

-10%

$49,957

$72,054

+10%

$94,151

+20%

$116,247

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-105819 Gravel · Power at road	101.6	Jul 27, 2026	$264,900	2,608	2,580	2.8 mi	91
WY-446433 Gravel · Off grid	158.5	Nov 21, 2025	$286,400	1,807	2,427	2.4 mi	82
WY-846054 Paved · Power at road	120.4	Dec 13, 2025	$364,800	3,029	2,719	2.6 mi	82
WY-826153 Paved · Off grid	129.4	Aug 14, 2024	$188,500	1,457	1,653	7.7 mi	69
WY-466364 Gravel · Full utilities	150.8	Jan 19, 2024	$263,100	1,745	1,732	7.2 mi	68
WY-776858 Paved · Full utilities	215.6	May 25, 2025	$724,900	3,362	2,960	7.5 mi	64
WY-607492 Gravel · Power at road	341.3	May 8, 2025	$465,400	1,363	1,976	10.0 mi	63
WY-364753 Dirt · Power at road	46.9	May 16, 2024	$92,600	1,973	2,087	8.0 mi	61
WY-214242 Paved · Full utilities	32.4	Nov 22, 2025	$137,500	4,243	2,362	9.3 mi	61
WY-837615 Dirt · Full utilities	373.1	Jun 26, 2024	$409,000	1,096	1,608	4.9 mi	56

Show adjustment detail for the top comp

Tract size (101.58 ac → 107.02 ac)-1.3%

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.

Build the listing kit Post a deal or JV