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Cherry County, NE · Sold

NE-987437

8688 County Road 259

$350,300
$1,526/ac · 230 ac
Acreage230 ac
Price per acre$1,526/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedMar 14, 2025
Coordinates42.5387, -100.9742
Loading terrain…
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
45
Moderate risk
Wetlands45.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

3,555 ft of deeded road frontage.

Power1,524 ft away

Service extension needed; get a utility quote.

Buildable area118.88 of 229.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$283,776
$219,576$347,975 · $1,236/ac on 230 ac
Asking vs estimate
+23.4%
Priced above 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 $350,300
Maximum allowable offer
$162,158
$706/ac · +30.0% target margin

You need $188,142 off asking to hit this margin.

All-in cost$175,941
Net resale$261,074
Projected profit$85,132
ROI+48.4%
Annualized+69.2%
Break-even resale$833/ac
Profit if resale lands off target
-20%
$32,918
-10%
$59,025
0%
$85,132
+10%
$111,240
+20%
$137,347
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-357955
Gravel · Off grid
334.1Jun 22, 2026$428,3001,2821,4379.4 mi
80
NE-667414
Dirt · Power at road
225.8Dec 16, 2025$186,0008248338.5 mi
78
NE-116149
Gravel · Off grid
90.3Jul 27, 2026$93,5001,0358113.0 mi
78
NE-786718
Landlocked · Full utilities
136.4Jul 27, 2026$228,2001,6731,4907.9 mi
76
NE-786634
Dirt · Power at road
128.3Jul 27, 2026$166,9001,3011,1007.8 mi
74
NE-757122
Dirt · Off grid
182.8May 18, 2024$217,5001,1901,4213.9 mi
72
NE-279160
Dirt · Off grid
799.9Jul 27, 2026$740,5009261,5655.6 mi
70
NE-288562
Gravel · Off grid
518.7Aug 14, 2024$482,2009301,2814.6 mi
66
Show adjustment detail for the top comp
  • Tract size (334.14 ac → 229.6 ac)+11.4%
  • Market time (2 mo)+0.6%

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.