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Cheyenne County, NE · Sold

NE-593028

3123 County Road 262

$51,000
$5,414/ac · 9.42 ac
Acreage9.42 ac
Price per acre$5,414/ac
ZoningRecreational
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedJul 19, 2025
Coordinates41.1302, -103.0341
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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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

338 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.04 of 9.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,659
$41,898$57,420 · $5,272/ac on 9.42 ac
Asking vs estimate
+2.7%
In line with 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 $51,000
Maximum allowable offer
$28,377
$3,012/ac · +30.0% target margin

You need $22,623 off asking to hit this margin.

All-in cost$30,789
Net resale$45,686
Projected profit$14,897
ROI+48.4%
Annualized+69.2%
Break-even resale$3,553/ac
Profit if resale lands off target
-20%
$5,760
-10%
$10,329
0%
$14,897
+10%
$19,466
+20%
$24,035
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-662612
Gravel · Off grid
7.0Jul 27, 2026$21,3003,0565,0826.6 mi
84
NE-922690
Landlocked · Power at road
7.4Jul 10, 2025$23,4003,1716,9043.7 mi
74
NE-822101
Paved · Off grid
4.8Jan 9, 2026$19,8004,1105,8115.4 mi
73
NE-594510
Paved · Off grid
27.6Jul 27, 2026$86,7003,1465,1085.5 mi
73
NE-264583
Dirt · Off grid
29.0Jun 1, 2026$57,3001,9734,46111.5 mi
64
NE-684615
Paved · Power at road
29.7Apr 5, 2025$99,3003,3394,9205.5 mi
62
NE-724716
Paved · Power at road
32.0Sep 1, 2024$89,6002,8024,2766.6 mi
59
Show adjustment detail for the top comp
  • Tract size (6.97 ac → 9.42 ac)-2.0%
  • Access (Gravel → Paved)+18.0%
  • 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.