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Cherry County, NE · Sold

NE-230637

3664 County Road 358

$5,500
$3,293/ac · 1.67 ac
Acreage1.67 ac
Price per acre$3,293/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedSep 2, 2025
Coordinates42.5220, -101.1532
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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

5 items to verify before you offer.

Risk index
57
High risk
Wetlands40.8% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,840 ft away

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

Buildable area0.94 of 1.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,473
$3,530$5,416 · $2,678/ac on 1.67 ac
Asking vs estimate
+23.0%
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 $5,500
Maximum allowable offer
$2,556
$1,530/ac · +30.0% target margin

You need $2,944 off asking to hit this margin.

All-in cost$2,773
Net resale$4,115
Projected profit$1,342
ROI+48.4%
Annualized+69.2%
Break-even resale$1,805/ac
Profit if resale lands off target
-20%
$519
-10%
$930
0%
$1,342
+10%
$1,753
+20%
$2,165
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-691168
Dirt · Power at road
2.5May 22, 2026$7,0002,8622,8793.0 mi
79
NE-150360
Landlocked · Full utilities
1.4Jul 27, 2026$3,4002,5182,57711.3 mi
78
NE-520530
Landlocked · Full utilities
1.5Nov 1, 2025$3,4002,2202,3478.9 mi
76
NE-440182
Gravel · Off grid
1.2Mar 18, 2024$4,3003,5483,8880.8 mi
75
NE-690458
Dirt · Off grid
1.5Jan 27, 2026$3,5002,4092,86017.4 mi
74
NE-320271
Gravel · Off grid
1.3Sep 26, 2024$2,7002,0742,2305.0 mi
74
NE-650565
Gravel · Full utilities
1.6Mar 21, 2024$3,8002,4181,85315.2 mi
69
NE-911443
Gravel · Off grid
3.0Jan 9, 2024$7,3002,4282,72919.0 mi
60
Show adjustment detail for the top comp
  • Tract size (2.45 ac → 1.67 ac)+0.8%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.0%

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.