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Brown County, NE · Sold

NE-708617

1140 County Road 261

$638,800
$1,183/ac · 540 ac
Acreage540 ac
Price per acre$1,183/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedDec 7, 2024
Coordinates42.3541, -99.8384
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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

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

View Brown market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands13.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.4%

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.

Power12,094 ft away

A long utility run — price in solar/off-grid instead.

Buildable area441.50 of 539.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$497,614
$358,282$636,946 · $922/ac on 540 ac
Asking vs estimate
+28.4%
Priced above 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 $638,800
Maximum allowable offer
$284,351
$527/ac · +30.0% target margin

You need $354,449 off asking to hit this margin.

All-in cost$308,521
Net resale$457,805
Projected profit$149,284
ROI+48.4%
Annualized+69.2%
Break-even resale$621/ac
Profit if resale lands off target
-20%
$57,723
-10%
$103,503
0%
$149,284
+10%
$195,064
+20%
$240,845
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-328981
Paved · Off grid
702.6Jul 27, 2026$940,6001,3398388.3 mi
85
NE-688673
Gravel · Power at road
562.1Jul 19, 2026$1,093,2001,9451,1429.1 mi
82
NE-167940
Dirt · Off grid
330.5Jul 27, 2026$247,1007485127.2 mi
79
NE-268149
Gravel · Off grid
384.6Mar 8, 2026$801,1002,0831,3036.0 mi
78
NE-409734
Gravel · Power at road
1212.4Jul 31, 2025$1,298,2001,0718296.4 mi
64
NE-367093
Paved · Full utilities
178.9Sep 1, 2024$683,8003,8211,2042.1 mi
60
NE-287430
Dirt · Power at road
228.4Jul 21, 2024$235,5001,0315859.1 mi
58
Show adjustment detail for the top comp
  • Tract size (702.63 ac → 539.77 ac)+8.4%
  • Access (Paved → Landlocked)-42.4%

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.