Cherry County, NE · Sold

NE-288562

130 County Road 137

$477,900

$921/ac · 519 ac

Offer report Market this tract

Acreage519 ac

Price per acre$921/ac

ZoningMixed Use

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedDec 8, 2023

Coordinates42.5621, -100.8893

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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

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

View Cherry market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index

Low risk

Wetlands4.8% of tract

Little to no mapped wetland coverage.

Average slope4.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,635 ft of deeded road frontage.

Power5,066 ft away

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

Buildable area469.10 of 518.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$523,908

$432,508 – $615,307 · $1,010/ac on 519 ac

Asking vs estimate

-8.8%

Priced below the comp set

Weighted from 8 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 $477,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$299,376

$577/ac · +30.0% target margin

You need $178,524 off asking to hit this margin.

All-in cost$324,823

Net resale$481,995

Projected profit$157,172

ROI+48.4%

Annualized+69.2%

Break-even resale$681/ac

Profit if resale lands off target

-20%

$60,773

-10%

$108,973

$157,172

+10%

$205,372

+20%

$253,571

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-279160 Dirt · Off grid	799.9	Jul 27, 2026	$740,500	926	1,232	4.7 mi	80
NE-357955 Gravel · Off grid	334.1	Jun 22, 2026	$428,300	1,282	1,131	14.0 mi	77
NE-859515 Landlocked · Full utilities	1034.5	Jul 27, 2026	$708,900	685	870	4.5 mi	76
NE-439220 Gravel · Off grid	835.5	Nov 30, 2024	$589,700	706	875	8.1 mi	69
NE-987437 Gravel · Off grid	229.6	Apr 25, 2025	$311,400	1,356	1,126	4.6 mi	69
NE-209476 Gravel · Power at road	1005.7	Aug 24, 2025	$948,400	943	1,023	10.8 mi	67
NE-667414 Dirt · Power at road	225.8	Dec 16, 2025	$186,000	824	656	12.9 mi	63
NE-757122 Dirt · Off grid	182.8	May 18, 2024	$217,500	1,190	1,118	8.0 mi	58

Show adjustment detail for the top comp

Tract size (799.91 ac → 518.69 ac)+14.2%
Access (Dirt → Gravel)+16.3%

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