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Cherry County, NE · Sold

NE-859515

6536 County Road 116

$794,700
$768/ac · 1,035 ac
Acreage1,035 ac
Price per acre$768/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedFeb 19, 2026
Coordinates42.5820, -100.9729
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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
29
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope4.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area921.84 of 1034.50 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$864,810
$763,946$965,674 · $836/ac on 1,035 ac
Asking vs estimate
-8.1%
Priced below the comp set

Weighted from 5 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 $794,700
Maximum allowable offer
$494,177
$478/ac · +30.0% target margin

You need $300,523 off asking to hit this margin.

All-in cost$536,182
Net resale$795,625
Projected profit$259,443
ROI+48.4%
Annualized+69.2%
Break-even resale$563/ac
Profit if resale lands off target
-20%
$100,318
-10%
$179,881
0%
$259,443
+10%
$339,006
+20%
$418,568
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-279160
Dirt · Off grid
799.9Jul 27, 2026$740,5009269722.7 mi
83
NE-209476
Gravel · Power at road
1005.7Aug 24, 2025$948,4009438078.6 mi
76
NE-439220
Gravel · Off grid
835.5Nov 30, 2024$589,7007066914.9 mi
71
NE-357955
Gravel · Off grid
334.1Jun 22, 2026$428,3001,28289311.4 mi
66
NE-288562
Gravel · Off grid
518.7Aug 14, 2024$482,2009307964.5 mi
64
Show adjustment detail for the top comp
  • Tract size (799.91 ac → 1034.5 ac)-7.7%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Full utilities)+43.5%

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.