Box Butte County, NE · Sold

NE-767829

623 County Road 156

$554,200

$1,817/ac · 305 ac

Offer report Market this tract

Acreage305 ac

Price per acre$1,817/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographySloped

ListedJul 4, 2025

Coordinates42.2218, -103.1823

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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

Moderate risk

Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope29.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power155 ft away

Power at or near the road.

Buildable area177.88 of 305.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$575,257

$456,624 – $693,889 · $1,886/ac on 305 ac

Asking vs estimate

-3.7%

In line with 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 $554,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$328,718

$1,078/ac · +30.0% target margin

You need $225,482 off asking to hit this margin.

All-in cost$356,659

Net resale$529,236

Projected profit$172,577

ROI+48.4%

Annualized+69.2%

Break-even resale$1,271/ac

Profit if resale lands off target

-20%

$66,730

-10%

$119,654

$172,577

+10%

$225,501

+20%

$278,424

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-497564 Landlocked · Full utilities	251.7	Jul 27, 2026	$364,100	1,446	1,422	2.1 mi	85
NE-988520 Dirt · Power at road	503.1	Feb 25, 2026	$633,200	1,258	1,489	2.7 mi	80
NE-658359 Paved · Power at road	447.8	Aug 7, 2025	$1,262,900	2,821	2,402	2.6 mi	79
NE-868930 Dirt · Power at road	677.1	Dec 25, 2025	$865,300	1,278	1,667	6.6 mi	72
NE-617250 Gravel · Power at road	200.5	Jun 2, 2025	$539,000	2,688	2,155	6.4 mi	71
NE-187264 Dirt · Off grid	202.6	Jan 27, 2024	$314,600	1,553	1,800	2.0 mi	70
NE-408408 Landlocked · Full utilities	463.9	Aug 3, 2024	$942,700	2,032	2,589	1.0 mi	69
NE-777064 Paved · Off grid	175.2	Dec 19, 2024	$420,800	2,401	1,883	2.7 mi	67
NE-139353 Gravel · Off grid	920.0	Mar 24, 2026	$1,325,100	1,440	2,068	7.5 mi	66
NE-888974 Landlocked · Off grid	699.1	Sep 27, 2024	$493,500	706	1,454	1.9 mi	63

Show adjustment detail for the top comp

Tract size (251.72 ac → 305 ac)-5.4%
Access (Landlocked → Dirt)+26.5%
Utilities (Full utilities → Power at road)-18.0%

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.

Build the listing kit Post a deal or JV