Box Butte County, NE · Sold

NE-349470

2848 County Road 391

$1,784,300

$1,782/ac · 1,001 ac

Offer report Market this tract

Acreage1,001 ac

Price per acre$1,782/ac

ZoningAgricultural

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedNov 5, 2023

Coordinates42.2719, -103.1643

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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

Box Butte County, Nebraska. Sandhills grazing and irrigated pivot ground.

View Box Butte market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands30.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

5,902 ft of deeded road frontage.

Power207 ft away

Power at or near the road.

Buildable area665.88 of 1001.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,798,803

$1,393,471 – $2,204,136 · $1,796/ac on 1,001 ac

Asking vs estimate

-0.8%

In line with 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 $1,784,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,027,888

$1,027/ac · +30.0% target margin

You need $756,412 off asking to hit this margin.

All-in cost$1,115,258

Net resale$1,654,899

Projected profit$539,641

ROI+48.4%

Annualized+69.2%

Break-even resale$1,211/ac

Profit if resale lands off target

-20%

$208,661

-10%

$374,151

$539,641

+10%

$705,131

+20%

$870,621

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-139353 Gravel · Off grid	920.0	Mar 24, 2026	$1,325,100	1,440	1,980	10.2 mi	78
NE-988520 Dirt · Power at road	503.1	Feb 25, 2026	$633,200	1,258	1,426	3.3 mi	74
NE-888974 Landlocked · Off grid	699.1	Sep 27, 2024	$493,500	706	1,392	4.4 mi	73
NE-868930 Dirt · Power at road	677.1	Dec 25, 2025	$865,300	1,278	1,596	10.1 mi	73
NE-658359 Paved · Power at road	447.8	Aug 7, 2025	$1,262,900	2,821	2,300	3.4 mi	72
NE-767829 Dirt · Power at road	305.0	Jan 25, 2026	$460,000	1,508	1,478	3.6 mi	68
NE-408408 Landlocked · Full utilities	463.9	Aug 3, 2024	$942,700	2,032	2,479	3.4 mi	63

Show adjustment detail for the top comp

Tract size (919.95 ac → 1001.32 ac)-2.6%
Access (Gravel → Paved)+18.0%
Utilities (Off grid → Power at road)+17.6%
Market time (5 mo)+1.7%

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