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Cheyenne County, NE · Sold

NE-164868

6842 County Road 51

$107,200
$3,003/ac · 35.70 ac
Acreage35.70 ac
Price per acre$3,003/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJan 21, 2024
Coordinates41.1280, -102.9016
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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

4 items to verify before you offer.

Risk index
29
Low risk
Wetlands20.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

537 ft of deeded road frontage.

Power5,374 ft away

A long utility run — price in solar/off-grid instead.

Buildable area27.13 of 35.70 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$85,944
$79,069$92,820 · $2,407/ac on 35.70 ac
Asking vs estimate
+24.7%
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 $107,200
Maximum allowable offer
$49,111
$1,376/ac · +30.0% target margin

You need $58,089 off asking to hit this margin.

All-in cost$53,285
Net resale$79,069
Projected profit$25,783
ROI+48.4%
Annualized+69.3%
Break-even resale$1,622/ac
Profit if resale lands off target
-20%
$9,970
-10%
$17,877
0%
$25,783
+10%
$33,690
+20%
$41,597
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-594510
Paved · Off grid
27.6Jul 27, 2026$86,7003,1462,5611.4 mi
86
NE-264583
Dirt · Off grid
29.0Jun 1, 2026$57,3001,9732,23714.8 mi
77
NE-684615
Paved · Power at road
29.7Apr 5, 2025$99,3003,3392,4678.2 mi
71
NE-926276
Landlocked · Off grid
99.0Mar 16, 2026$139,0001,4042,6077.4 mi
68
NE-724716
Paved · Power at road
32.0Sep 1, 2024$89,6002,8022,14412.0 mi
68
Show adjustment detail for the top comp
  • Tract size (27.55 ac → 35.7 ac)-4.1%
  • Access (Paved → Gravel)-15.3%

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.