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Cherry County, NE · Sold

NE-116149

5859 County Road 116

$97,800
$1,083/ac · 90.31 ac
Acreage90.31 ac
Price per acre$1,083/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedAug 6, 2025
Coordinates42.5535, -101.0287
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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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,454 ft of deeded road frontage.

Power3,498 ft away

Service extension needed; get a utility quote.

Buildable area71.30 of 90.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$129,722
$96,129$163,315 · $1,436/ac on 90.31 ac
Asking vs estimate
-24.6%
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 $97,800
Maximum allowable offer
$74,127
$821/ac · +30.0% target margin

You need $23,673 off asking to hit this margin.

All-in cost$80,428
Net resale$119,344
Projected profit$38,916
ROI+48.4%
Annualized+69.2%
Break-even resale$968/ac
Profit if resale lands off target
-20%
$15,048
-10%
$26,982
0%
$38,916
+10%
$50,851
+20%
$62,785
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-786634
Dirt · Power at road
128.3Jul 27, 2026$166,9001,3011,4076.5 mi
84
NE-786718
Landlocked · Full utilities
136.4Jul 27, 2026$228,2001,6731,9066.6 mi
78
NE-155374
Landlocked · Power at road
51.5Mar 17, 2026$47,4009201,0336.0 mi
77
NE-667414
Dirt · Power at road
225.8Dec 16, 2025$186,0008241,0655.8 mi
71
NE-754573
Dirt · Off grid
28.8Jul 27, 2026$32,1001,1141,0329.3 mi
69
NE-987437
Gravel · Off grid
229.6Apr 25, 2025$311,4001,3561,8303.0 mi
69
NE-757122
Dirt · Off grid
182.8May 18, 2024$217,5001,1901,8174.4 mi
64
Show adjustment detail for the top comp
  • Tract size (128.33 ac → 90.31 ac)+9.2%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%

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.