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Cheyenne County, NE · Sold

NE-669867

2059 County Road 364

$1,392,400
$1,043/ac · 1,335 ac
Acreage1,335 ac
Price per acre$1,043/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedDec 25, 2024
Coordinates41.3108, -102.9352
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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

5 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands24.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power7,754 ft away

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

Buildable area956.25 of 1334.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,272,957
$1,152,877$1,393,038 · $954/ac on 1,335 ac
Asking vs estimate
+9.4%
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 $1,392,400
Maximum allowable offer
$727,404
$545/ac · +30.0% target margin

You need $664,996 off asking to hit this margin.

All-in cost$789,233
Net resale$1,171,121
Projected profit$381,887
ROI+48.4%
Annualized+69.2%
Break-even resale$643/ac
Profit if resale lands off target
-20%
$147,663
-10%
$264,775
0%
$381,887
+10%
$498,999
+20%
$616,111
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-779592
Dirt · Power at road
1093.8Aug 19, 2025$1,359,8001,2431,0342.5 mi
84
NE-928795
Gravel · Power at road
614.1Jul 27, 2026$957,5001,5598989.7 mi
75
NE-667988
Dirt · Power at road
342.2Apr 7, 2026$545,5001,5949072.3 mi
70
NE-448231
Dirt · Full utilities
408.1Aug 3, 2025$873,4002,1401,08110.9 mi
61
NE-336927
Dirt · Off grid
158.7Oct 19, 2024$230,2001,45082910.8 mi
57
Show adjustment detail for the top comp
  • Tract size (1093.84 ac → 1334.98 ac)-6.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (12 mo)+4.2%

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.