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Banner County, NE · Sold

NE-778964

3240 County Road 303

$1,588,600
$2,289/ac · 694 ac
Acreage694 ac
Price per acre$2,289/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedApr 18, 2024
Coordinates41.5135, -103.7883
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

Banner County, Nebraska. Sandhills grazing and irrigated pivot ground.

View Banner market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands6.8% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,464 ft of deeded road frontage.

Power66 ft away

Power at or near the road.

Buildable area614.49 of 694.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,739,948
$1,447,926$2,031,970 · $2,507/ac on 694 ac
Asking vs estimate
-8.7%
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 $1,588,600
Maximum allowable offer
$994,256
$1,433/ac · +30.0% target margin

You need $594,344 off asking to hit this margin.

All-in cost$1,078,768
Net resale$1,600,752
Projected profit$521,984
ROI+48.4%
Annualized+69.2%
Break-even resale$1,690/ac
Profit if resale lands off target
-20%
$201,834
-10%
$361,909
0%
$521,984
+10%
$682,059
+20%
$842,134
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-428945
Gravel · Power at road
684.5Jan 2, 2026$1,818,5002,6573,2023.5 mi
84
NE-388608
Landlocked · Off grid
536.3Jun 16, 2026$615,1001,1472,1804.0 mi
81
NE-897509
Paved · Power at road
241.9Dec 16, 2024$608,7002,5161,9684.7 mi
70
NE-918680
Gravel · Off grid
565.0Jun 7, 2024$1,008,5001,7852,5415.6 mi
69
NE-628047
Landlocked · Off grid
357.2Sep 24, 2025$601,3001,6842,9197.0 mi
67
NE-757617
Gravel · Off grid
261.6Nov 12, 2025$605,4002,3142,4783.9 mi
66
NE-488000
Gravel · Power at road
345.2Aug 28, 2024$721,2002,0892,1623.1 mi
66
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Market time (7 mo)+2.6%

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.