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Cherry County, NE · Sold

NE-757122

1658 County Road 33

$238,700
$1,306/ac · 183 ac
Acreage183 ac
Price per acre$1,306/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedOct 26, 2023
Coordinates42.4906, -101.0127
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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

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,786 ft away

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

Buildable area162.85 of 182.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$200,044
$154,778$245,310 · $1,095/ac on 183 ac
Asking vs estimate
+19.3%
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 $238,700
Maximum allowable offer
$114,311
$626/ac · +30.0% target margin

You need $124,389 off asking to hit this margin.

All-in cost$124,027
Net resale$184,040
Projected profit$60,013
ROI+48.4%
Annualized+69.2%
Break-even resale$738/ac
Profit if resale lands off target
-20%
$23,205
-10%
$41,609
0%
$60,013
+10%
$78,417
+20%
$96,821
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-357955
Gravel · Off grid
334.1Jun 22, 2026$428,3001,2821,3176.3 mi
80
NE-786634
Dirt · Power at road
128.3Jul 27, 2026$166,9001,3011,00810.8 mi
79
NE-667414
Dirt · Power at road
225.8Dec 16, 2025$186,0008247637.3 mi
78
NE-786718
Landlocked · Full utilities
136.4Jul 27, 2026$228,2001,6731,36610.9 mi
77
NE-116149
Gravel · Off grid
90.3Jul 27, 2026$93,5001,0357444.4 mi
77
NE-987437
Gravel · Off grid
229.6Apr 25, 2025$311,4001,3561,3113.9 mi
75
NE-288562
Gravel · Off grid
518.7Aug 14, 2024$482,2009301,1748.0 mi
59
Show adjustment detail for the top comp
  • Tract size (334.14 ac → 182.75 ac)+18.8%
  • Access (Gravel → Dirt)-14.0%
  • 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.