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Cherry County, NE · Sold

NE-252964

6870 County Road 132

$37,200
$4,138/ac · 8.99 ac
Acreage8.99 ac
Price per acre$4,138/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyMixed
ListedAug 10, 2024
Coordinates42.4872, -101.0484
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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
15
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope5.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area7.97 of 8.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$35,633
$28,016$43,250 · $3,964/ac on 8.99 ac
Asking vs estimate
+4.4%
In line with the comp set

Weighted from 6 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 $37,200
Maximum allowable offer
$20,362
$2,265/ac · +30.0% target margin

You need $16,838 off asking to hit this margin.

All-in cost$22,093
Net resale$32,782
Projected profit$10,689
ROI+48.4%
Annualized+69.2%
Break-even resale$2,671/ac
Profit if resale lands off target
-20%
$4,133
-10%
$7,411
0%
$10,689
+10%
$13,968
+20%
$17,246
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-353035
Dirt · Off grid
9.5Nov 4, 2025$24,5002,5935,29310.2 mi
76
NE-632404
Dirt · Off grid
6.0Nov 19, 2024$12,0002,0094,1392.3 mi
75
NE-513390
Gravel · Power at road
12.2Jul 27, 2026$28,9002,3623,49616.3 mi
74
NE-383253
Landlocked · Off grid
11.1Feb 3, 2026$16,7001,5093,90712.2 mi
74
NE-754573
Dirt · Off grid
28.8Jul 27, 2026$32,1001,1142,50813.9 mi
64
NE-911443
Gravel · Off grid
3.0Jan 9, 2024$7,3002,4284,32417.5 mi
50
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (9 mo)+3.3%

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.