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Niobrara County, WY · Sold

WY-837615

5356 County Road 111

$411,900
$1,104/ac · 373 ac
Acreage373 ac
Price per acre$1,104/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedDec 4, 2023
Coordinates43.0390, -104.5134
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

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

View Niobrara market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands7.2% of tract

Little to no mapped wetland coverage.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,870 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area328.96 of 373.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$610,464
$439,958$780,969 · $1,636/ac on 373 ac
Asking vs estimate
-32.5%
Priced below 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 $411,900
Maximum allowable offer
$348,836
$935/ac · +30.0% target margin

You need $63,064 off asking to hit this margin.

All-in cost$378,487
Net resale$561,627
Projected profit$183,140
ROI+48.4%
Annualized+69.3%
Break-even resale$1,103/ac
Profit if resale lands off target
-20%
$70,814
-10%
$126,977
0%
$183,140
+10%
$239,302
+20%
$295,465
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-848578
Landlocked · Off grid
749.6Jul 27, 2026$292,0003908753.5 mi
80
WY-348059
Gravel · Off grid
514.7Nov 12, 2025$763,8001,4842,0816.5 mi
78
WY-607492
Gravel · Power at road
341.3May 8, 2025$465,4001,3631,46813.0 mi
71
WY-776858
Paved · Full utilities
215.6May 25, 2025$724,9003,3622,1984.6 mi
70
WY-568087
Gravel · Off grid
525.3Apr 10, 2025$462,2008801,2727.5 mi
69
WY-446433
Gravel · Off grid
158.5Nov 21, 2025$286,4001,8071,8033.8 mi
68
WY-846054
Paved · Power at road
120.4Dec 13, 2025$364,8003,0292,0203.3 mi
65
WY-948576
Gravel · Full utilities
748.5Dec 12, 2023$1,385,6001,8512,1862.3 mi
64
WY-826153
Paved · Off grid
129.4Aug 14, 2024$188,5001,4571,2284.0 mi
63
WY-466364
Gravel · Full utilities
150.8Jan 19, 2024$263,1001,7451,2877.9 mi
63
Show adjustment detail for the top comp
  • Tract size (749.62 ac → 373.14 ac)+23.5%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Full utilities)+43.5%

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.