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Sheridan County, WY · Sold

WY-280684

8614 County Road 233

$7,400
$3,008/ac · 2.46 ac
Acreage2.46 ac
Price per acre$3,008/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJun 16, 2024
Coordinates44.7099, -106.9907
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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

308 ft of deeded road frontage.

Power1,006 ft away

Service extension needed; get a utility quote.

Buildable area2.18 of 2.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,942
$5,952$7,932 · $2,822/ac on 2.46 ac
Asking vs estimate
+6.6%
Priced above the comp set

Weighted from 6 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 $7,400
Maximum allowable offer
$3,967
$1,613/ac · +30.0% target margin

You need $3,433 off asking to hit this margin.

All-in cost$4,304
Net resale$6,387
Projected profit$2,082
ROI+48.4%
Annualized+69.2%
Break-even resale$1,902/ac
Profit if resale lands off target
-20%
$805
-10%
$1,444
0%
$2,082
+10%
$2,721
+20%
$3,360
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WY-251241
Gravel · Power at road
3.7Jul 27, 2026$12,2003,3192,4617.4 mi
82
WY-122234
Gravel · Off grid
7.6Jul 27, 2026$24,6003,2522,9375.4 mi
71
WY-631363
Gravel · Off grid
4.0Jan 28, 2025$10,7002,6622,47511.2 mi
65
WY-431546
Gravel · Power at road
4.6Mar 17, 2025$17,6003,8353,03111.4 mi
62
WY-292358
Dirt · Power at road
8.3Apr 28, 2025$31,6003,8173,6076.5 mi
61
WY-612377
Landlocked · Power at road
8.4Jun 21, 2025$17,9002,1302,5336.3 mi
60
Show adjustment detail for the top comp
  • Tract size (3.69 ac → 2.46 ac)+1.2%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Off grid)-15.0%

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.