Sheridan County, WY · Sold

WY-594709

2509 County Road 202

$83,500

$1,837/ac · 45.46 ac

Offer report Market this tract

Acreage45.46 ac

Price per acre$1,837/ac

ZoningUnzoned

Road accessLandlocked

UtilitiesPower at road

TopographyWooded

ListedFeb 18, 2024

Coordinates44.7765, -106.9378

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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

4 items to verify before you offer.

Risk index

Moderate risk

Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power32 ft away

Power at or near the road.

Buildable area36.32 of 45.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$93,648

$78,753 – $108,543 · $2,060/ac on 45.46 ac

Asking vs estimate

-10.8%

Priced below 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 $83,500

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$53,513

$1,177/ac · +30.0% target margin

You need $29,987 off asking to hit this margin.

All-in cost$58,062

Net resale$86,156

Projected profit$28,094

ROI+48.4%

Annualized+69.2%

Break-even resale$1,388/ac

Profit if resale lands off target

-20%

$10,863

-10%

$19,479

$28,094

+10%

$36,710

+20%

$45,325

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
WY-135024 Paved · Off grid	57.1	Jul 27, 2026	$202,200	3,541	2,519	2.9 mi	83
WY-284079 Landlocked · Off grid	28.8	May 8, 2026	$62,300	2,165	2,378	7.1 mi	77
WY-365507 Gravel · Full utilities	81.0	Apr 28, 2026	$234,300	2,892	1,847	5.5 mi	73
WY-755758 Gravel · Off grid	97.2	May 10, 2026	$173,600	1,786	1,707	3.6 mi	73
WY-385016 Dirt · Off grid	56.8	Jan 16, 2025	$88,600	1,561	1,619	8.2 mi	69
WY-295407 Gravel · Power at road	75.4	Jun 8, 2024	$182,700	2,424	2,003	4.3 mi	67
WY-995619 Paved · Off grid	87.9	Oct 30, 2024	$237,300	2,700	2,270	8.6 mi	61

Show adjustment detail for the top comp

Tract size (57.11 ac → 45.46 ac)+4.7%
Access (Paved → Landlocked)-42.4%
Utilities (Off grid → Power at road)+17.6%

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