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Sheridan County, WY · Sold

WY-177110

2326 County Road 46

$492,700
$1,904/ac · 259 ac
Acreage259 ac
Price per acre$1,904/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedNov 21, 2024
Coordinates44.7501, -107.0115
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
12
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,299 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area224.72 of 258.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$560,849
$441,342$680,356 · $2,167/ac on 259 ac
Asking vs estimate
-12.2%
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 $492,700
Maximum allowable offer
$320,485
$1,238/ac · +30.0% target margin

You need $172,215 off asking to hit this margin.

All-in cost$347,726
Net resale$515,981
Projected profit$168,255
ROI+48.4%
Annualized+69.3%
Break-even resale$1,460/ac
Profit if resale lands off target
-20%
$65,059
-10%
$116,657
0%
$168,255
+10%
$219,853
+20%
$271,451
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-357137
Gravel · Off grid
263.9Jul 27, 2026$379,2001,4372,07813.1 mi
84
WY-737298
Gravel · Off grid
296.6Jul 27, 2026$383,2001,2921,9339.5 mi
83
WY-946951
Gravel · Power at road
230.7Apr 17, 2024$274,9001,1921,5450.2 mi
77
WY-347558
Dirt · Full utilities
358.0Jan 5, 2026$628,6001,7562,30112.1 mi
73
WY-755758
Gravel · Off grid
97.2May 10, 2026$173,6001,7861,9936.8 mi
71
WY-167879
Gravel · Power at road
451.8Oct 27, 2025$719,9001,5942,3679.9 mi
70
WY-365507
Gravel · Full utilities
81.0Apr 28, 2026$234,3002,8922,1578.4 mi
70
WY-608229
Gravel · Power at road
582.2Dec 12, 2025$706,8001,2141,9379.2 mi
68
WY-868727
Paved · Full utilities
835.1Apr 14, 2026$1,433,3001,7162,0968.7 mi
67
WY-576532
Paved · Power at road
170.3May 27, 2024$587,7003,4523,4706.8 mi
65
Show adjustment detail for the top comp
  • Tract size (263.93 ac → 258.81 ac)+0.6%
  • 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.