Sheridan County, WY · Sold

WY-868727

2745 County Road 187

$1,739,400

$2,083/ac · 835 ac

Offer report Market this tract

Acreage835 ac

Price per acre$2,083/ac

ZoningRecreational

Road accessPaved

UtilitiesFull utilities

TopographyRolling

ListedJan 6, 2026

Coordinates44.8761, -107.0164

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

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

View Sheridan market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope9.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,576 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area744.92 of 835.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,509,202

$1,140,267 – $1,878,136 · $1,807/ac on 835 ac

Asking vs estimate

+15.3%

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 $1,739,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$862,401

$1,033/ac · +30.0% target margin

You need $876,999 off asking to hit this margin.

All-in cost$935,705

Net resale$1,388,466

Projected profit$452,760

ROI+48.4%

Annualized+69.2%

Break-even resale$1,218/ac

Profit if resale lands off target

-20%

$175,067

-10%

$313,914

$452,760

+10%

$591,607

+20%

$730,454

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-518602 Paved · Power at road	762.8	Jan 12, 2025	$1,648,200	2,161	2,735	7.9 mi	75
WY-728654 Gravel · Full utilities	792.0	Jul 3, 2024	$858,300	1,084	1,370	8.0 mi	73
WY-258695 Landlocked · Off grid	815.9	Oct 19, 2025	$550,700	675	1,727	18.0 mi	72
WY-239494 Paved · Power at road	1455.5	Feb 26, 2026	$1,118,500	768	1,136	11.4 mi	72
WY-737298 Gravel · Off grid	296.6	Jul 27, 2026	$383,200	1,292	1,606	11.3 mi	71
WY-608229 Gravel · Power at road	582.2	Dec 12, 2025	$706,800	1,214	1,609	10.1 mi	71
WY-357137 Gravel · Off grid	263.9	Jul 27, 2026	$379,200	1,437	1,726	17.1 mi	68
WY-167879 Gravel · Power at road	451.8	Oct 27, 2025	$719,900	1,594	1,966	9.1 mi	67
WY-909468 Dirt · Power at road	1428.4	May 25, 2024	$1,529,000	1,070	2,316	11.4 mi	65
WY-347558 Dirt · Full utilities	358.0	Jan 5, 2026	$628,600	1,756	1,912	16.0 mi	64

Show adjustment detail for the top comp

Tract size (762.76 ac → 835.06 ac)-2.8%
Utilities (Power at road → Full utilities)+22.0%
Market time (19 mo)+6.7%

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