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Sheridan County, WY · Sold

WY-518602

874 County Road 251

$1,598,600
$2,096/ac · 763 ac
Acreage763 ac
Price per acre$2,096/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedApr 25, 2024
Coordinates44.8078, -106.8866
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
6
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,117 ft of deeded road frontage.

Power94 ft away

Power at or near the road.

Buildable area680.42 of 762.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,092,634
$899,405$1,285,862 · $1,432/ac on 763 ac
Asking vs estimate
+46.3%
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 $1,598,600
Maximum allowable offer
$624,362
$819/ac · +30.0% target margin

You need $974,238 off asking to hit this margin.

All-in cost$677,433
Net resale$1,005,223
Projected profit$327,790
ROI+48.4%
Annualized+69.2%
Break-even resale$965/ac
Profit if resale lands off target
-20%
$126,746
-10%
$227,268
0%
$327,790
+10%
$428,313
+20%
$528,835
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-608229
Gravel · Power at road
582.2Dec 12, 2025$706,8001,2141,3562.4 mi
84
WY-868727
Paved · Full utilities
835.1Apr 14, 2026$1,433,3001,7161,4677.9 mi
82
WY-239494
Paved · Power at road
1455.5Feb 26, 2026$1,118,5007689584.6 mi
77
WY-258695
Landlocked · Off grid
815.9Oct 19, 2025$550,7006751,45510.4 mi
75
WY-728654
Gravel · Full utilities
792.0Jul 3, 2024$858,3001,0841,1552.7 mi
74
WY-167879
Gravel · Power at road
451.8Oct 27, 2025$719,9001,5941,6572.6 mi
74
WY-737298
Gravel · Off grid
296.6Jul 27, 2026$383,2001,2921,3543.4 mi
73
WY-347558
Dirt · Full utilities
358.0Jan 5, 2026$628,6001,7561,6118.2 mi
71
WY-357137
Gravel · Off grid
263.9Jul 27, 2026$379,2001,4371,4559.2 mi
68
WY-909468
Dirt · Power at road
1428.4May 25, 2024$1,529,0001,0701,9524.5 mi
65
Show adjustment detail for the top comp
  • Tract size (582.16 ac → 762.76 ac)-7.9%
  • Access (Gravel → Paved)+18.0%
  • Market time (8 mo)+2.8%

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.