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Platte County, WY · Sold

WY-199843

8807 County Road 123

$1,405,300
$750/ac · 1,874 ac
Acreage1,874 ac
Price per acre$750/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJan 17, 2024
Coordinates42.0817, -104.9686
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

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

View Platte market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,797 ft of deeded road frontage.

Power35 ft away

Power at or near the road.

Buildable area1703.97 of 1874.24 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,488,368
$1,142,097$1,834,638 · $794/ac on 1,874 ac
Asking vs estimate
-5.6%
Priced below the comp set

Weighted from 7 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 $1,405,300
Maximum allowable offer
$850,496
$454/ac · +30.0% target margin

You need $554,804 off asking to hit this margin.

All-in cost$922,788
Net resale$1,369,298
Projected profit$446,510
ROI+48.4%
Annualized+69.2%
Break-even resale$535/ac
Profit if resale lands off target
-20%
$172,651
-10%
$309,580
0%
$446,510
+10%
$583,440
+20%
$720,370
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-568460
Gravel · Off grid
688.2Jul 27, 2026$567,4008256127.4 mi
70
WY-536903
Gravel · Power at road
222.8Jul 27, 2026$377,3001,6947653.3 mi
66
WY-727333
Dirt · Power at road
304.2May 27, 2025$340,6001,1206754.5 mi
65
WY-418491
Gravel · Off grid
703.8Jun 19, 2025$666,8009477414.3 mi
63
WY-788005
Paved · Off grid
495.0Apr 14, 2025$888,5001,7951,0765.9 mi
58
WY-318548
Paved · Off grid
733.5Dec 2, 2023$1,143,4001,5591,11111.0 mi
54
WY-257076
Gravel · Power at road
252.5Jan 11, 2025$329,1001,3036497.9 mi
53
Show adjustment detail for the top comp
  • Tract size (688.2 ac → 1874.24 ac)-26.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%

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.