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Cheyenne County, NE · Sold

NE-536691

5242 County Road 2

$323,200
$2,417/ac · 134 ac
Acreage134 ac
Price per acre$2,417/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMar 21, 2024
Coordinates41.1536, -102.9035
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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

Cheyenne County, Nebraska. Sandhills grazing and irrigated pivot ground.

View Cheyenne market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope22.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power193 ft away

Power at or near the road.

Buildable area78.08 of 133.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$295,177
$258,190$332,164 · $2,207/ac on 134 ac
Asking vs estimate
+9.5%
Priced above 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 $323,200
Maximum allowable offer
$168,673
$1,261/ac · +30.0% target margin

You need $154,527 off asking to hit this margin.

All-in cost$183,010
Net resale$271,563
Projected profit$88,553
ROI+48.4%
Annualized+69.2%
Break-even resale$1,487/ac
Profit if resale lands off target
-20%
$34,240
-10%
$61,396
0%
$88,553
+10%
$115,709
+20%
$142,865
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-926276
Landlocked · Off grid
99.0Mar 16, 2026$139,0001,4041,9695.6 mi
77
NE-336927
Dirt · Off grid
158.7Oct 19, 2024$230,2001,4501,9223.4 mi
75
NE-546806
Paved · Off grid
145.4May 7, 2025$407,0002,8002,5858.3 mi
73
NE-667988
Dirt · Power at road
342.2Apr 7, 2026$545,5001,5942,10411.6 mi
69
NE-448231
Dirt · Full utilities
408.1Aug 3, 2025$873,4002,1402,5087.4 mi
63
Show adjustment detail for the top comp
  • Tract size (99.01 ac → 133.74 ac)-7.3%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.8%

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.