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Cherry County, NE · Sold

NE-353035

2447 County Road 216

$24,800
$2,622/ac · 9.46 ac
Acreage9.46 ac
Price per acre$2,622/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedFeb 21, 2025
Coordinates42.5721, -101.2127
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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands11.8% of tract

Little to no mapped wetland coverage.

Average slope2.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

534 ft of deeded road frontage.

Power5,220 ft away

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

Buildable area7.93 of 9.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,688
$14,893$20,482 · $1,870/ac on 9.46 ac
Asking vs estimate
+40.2%
Priced above 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 $24,800
Maximum allowable offer
$10,107
$1,068/ac · +30.0% target margin

You need $14,693 off asking to hit this margin.

All-in cost$10,966
Net resale$16,273
Projected profit$5,307
ROI+48.4%
Annualized+69.3%
Break-even resale$1,260/ac
Profit if resale lands off target
-20%
$2,052
-10%
$3,679
0%
$5,307
+10%
$6,934
+20%
$8,561
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-383253
Landlocked · Off grid
11.1Feb 3, 2026$16,7001,5091,9763.2 mi
82
NE-513390
Gravel · Power at road
12.2Jul 27, 2026$28,9002,3621,7699.3 mi
78
NE-252964
Paved · Full utilities
9.0Mar 30, 2025$33,7003,7452,00410.2 mi
73
NE-754573
Dirt · Off grid
28.8Jul 27, 2026$32,1001,1141,26812.6 mi
70
NE-632404
Dirt · Off grid
6.0Nov 19, 2024$12,0002,0092,0939.1 mi
70
NE-911443
Gravel · Off grid
3.0Jan 9, 2024$7,3002,4282,18719.5 mi
50
Show adjustment detail for the top comp
  • Tract size (11.08 ac → 9.46 ac)+1.3%
  • Access (Landlocked → Dirt)+26.5%
  • Market time (6 mo)+2.2%

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.