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Cheyenne County, NE · Sold

NE-448231

1321 County Road 12

$906,000
$2,220/ac · 408 ac
Acreage408 ac
Price per acre$2,220/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedMay 31, 2025
Coordinates41.1753, -103.0429
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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
17
Low risk
Wetlands18.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,802 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area316.75 of 408.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$814,131
$731,930$896,331 · $1,995/ac on 408 ac
Asking vs estimate
+11.3%
Priced above the comp set

Weighted from 7 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 $906,000
Maximum allowable offer
$465,217
$1,140/ac · +30.0% target margin

You need $440,783 off asking to hit this margin.

All-in cost$504,760
Net resale$749,000
Projected profit$244,240
ROI+48.4%
Annualized+69.3%
Break-even resale$1,344/ac
Profit if resale lands off target
-20%
$94,440
-10%
$169,340
0%
$244,240
+10%
$319,140
+20%
$394,040
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-928795
Gravel · Power at road
614.1Jul 27, 2026$957,5001,5591,8551.6 mi
81
NE-667988
Dirt · Power at road
342.2Apr 7, 2026$545,5001,5941,87310.1 mi
79
NE-546806
Paved · Off grid
145.4May 7, 2025$407,0002,8002,3021.0 mi
64
NE-779592
Dirt · Power at road
1093.8Aug 19, 2025$1,359,8001,2432,1369.6 mi
64
NE-336927
Dirt · Off grid
158.7Oct 19, 2024$230,2001,4501,7124.1 mi
63
NE-536691
Dirt · Power at road
133.7May 22, 2025$273,8002,0471,9177.4 mi
62
NE-669867
Dirt · Off grid
1335.0Sep 14, 2025$1,395,2001,0452,24110.9 mi
61
Show adjustment detail for the top comp
  • Tract size (614.06 ac → 408.1 ac)+13.1%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.