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Cherry County, NE · Sold

NE-754573

3537 County Road 8

$38,000
$1,318/ac · 28.83 ac
Acreage28.83 ac
Price per acre$1,318/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedJul 21, 2026
Coordinates42.6874, -101.0216
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
30
Moderate risk
Wetlands3.6% of tract

Little to no mapped wetland coverage.

Average slope25.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

670 ft of deeded road frontage.

Power7,026 ft away

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

Buildable area16.68 of 28.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$45,872
$33,667$58,077 · $1,591/ac on 28.83 ac
Asking vs estimate
-17.2%
Priced below 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 $38,000
Maximum allowable offer
$26,213
$909/ac · +30.0% target margin

You need $11,787 off asking to hit this margin.

All-in cost$28,441
Net resale$42,202
Projected profit$13,761
ROI+48.4%
Annualized+69.2%
Break-even resale$1,072/ac
Profit if resale lands off target
-20%
$5,321
-10%
$9,541
0%
$13,761
+10%
$17,982
+20%
$22,202
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-513390
Gravel · Power at road
12.2Jul 27, 2026$28,9002,3621,5567.8 mi
76
NE-155374
Landlocked · Power at road
51.5Mar 17, 2026$47,4009201,1179.6 mi
70
NE-116149
Gravel · Off grid
90.3Jul 27, 2026$93,5001,0351,1229.3 mi
69
NE-383253
Landlocked · Off grid
11.1Feb 3, 2026$16,7001,5091,73910.7 mi
66
NE-353035
Dirt · Off grid
9.5Nov 4, 2025$24,5002,5932,35612.6 mi
64
NE-252964
Paved · Full utilities
9.0Mar 30, 2025$33,7003,7451,76413.9 mi
55
Show adjustment detail for the top comp
  • Tract size (12.24 ac → 28.83 ac)-10.1%
  • Access (Gravel → Dirt)-14.0%
  • 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.