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Platte County, WY · Sold

WY-845843

2847 County Road 397

$318,900
$3,085/ac · 103 ac
Acreage103 ac
Price per acre$3,085/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedOct 14, 2023
Coordinates42.1449, -105.0189
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
8
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,367 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area88.48 of 103.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$237,606
$192,912$282,301 · $2,299/ac on 103 ac
Asking vs estimate
+34.2%
Priced above 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 $318,900
Maximum allowable offer
$135,775
$1,313/ac · +30.0% target margin

You need $183,125 off asking to hit this margin.

All-in cost$147,316
Net resale$218,598
Projected profit$71,282
ROI+48.4%
Annualized+69.2%
Break-even resale$1,549/ac
Profit if resale lands off target
-20%
$27,562
-10%
$49,422
0%
$71,282
+10%
$93,142
+20%
$115,002
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-536903
Gravel · Power at road
222.8Jul 27, 2026$377,3001,6942,1855.4 mi
78
WY-984009
Landlocked · Power at road
27.4Jul 27, 2026$42,9001,5671,8507.0 mi
72
WY-714254
Dirt · Power at road
32.7Feb 14, 2026$89,6002,7422,6823.1 mi
69
WY-923530
Gravel · Off grid
19.4Jul 27, 2026$55,5002,8682,5814.7 mi
66
WY-257076
Gravel · Power at road
252.5Jan 11, 2025$329,1001,3031,8554.9 mi
62
WY-727333
Dirt · Power at road
304.2May 27, 2025$340,6001,1201,9279.4 mi
61
WY-788005
Paved · Off grid
495.0Apr 14, 2025$888,5001,7953,0751.2 mi
59
Show adjustment detail for the top comp
  • Tract size (222.77 ac → 103.37 ac)+22.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.