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Cheyenne County, NE · Sold

NE-926276

1115 County Road 159

$134,700
$1,360/ac · 99.01 ac
Acreage99.01 ac
Price per acre$1,360/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedDec 13, 2025
Coordinates41.2321, -102.9306
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

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

View Cheyenne market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands9.5% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,846 ft away

Service extension needed; get a utility quote.

Buildable area85.12 of 99.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$148,244
$125,023$171,464 · $1,497/ac on 99.01 ac
Asking vs estimate
-9.1%
Priced below 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 $134,700
Maximum allowable offer
$84,711
$856/ac · +30.0% target margin

You need $49,989 off asking to hit this margin.

All-in cost$91,911
Net resale$136,384
Projected profit$44,473
ROI+48.4%
Annualized+69.2%
Break-even resale$1,009/ac
Profit if resale lands off target
-20%
$17,196
-10%
$30,834
0%
$44,473
+10%
$58,111
+20%
$71,749
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-546806
Paved · Off grid
145.4May 7, 2025$407,0002,8001,8757.5 mi
75
NE-336927
Dirt · Off grid
158.7Oct 19, 2024$230,2001,4501,3945.5 mi
73
NE-536691
Dirt · Power at road
133.7May 22, 2025$273,8002,0471,5625.6 mi
71
NE-264583
Dirt · Off grid
29.0Jun 1, 2026$57,3001,9731,2259.0 mi
67
NE-667988
Dirt · Power at road
342.2Apr 7, 2026$545,5001,5941,5266.1 mi
65
NE-684615
Paved · Power at road
29.7Apr 5, 2025$99,3003,3391,3524.7 mi
60
NE-164868
Gravel · Off grid
35.7Jun 9, 2024$106,9002,9941,7917.4 mi
59
NE-724716
Paved · Power at road
32.0Sep 1, 2024$89,6002,8021,1759.2 mi
55
Show adjustment detail for the top comp
  • Tract size (145.36 ac → 99.01 ac)+10.3%
  • Access (Paved → Landlocked)-42.4%
  • Market time (15 mo)+5.4%

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.