Custer County, NE · Sold

NE-278077

9430 County Road 197

$609,900

$1,671/ac · 365 ac

Offer report Market this tract

Acreage365 ac

Price per acre$1,671/ac

ZoningMixed Use

Road accessDirt

UtilitiesPower at road

TopographyRolling

ListedFeb 22, 2026

Coordinates41.2788, -99.6863

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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

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

View Custer market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,526 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area331.86 of 365.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$413,436

$310,875 – $515,997 · $1,133/ac on 365 ac

Asking vs estimate

+47.5%

Priced above 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 $609,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$236,249

$647/ac · +30.0% target margin

You need $373,651 off asking to hit this margin.

All-in cost$256,330

Net resale$380,361

Projected profit$124,031

ROI+48.4%

Annualized+69.2%

Break-even resale$763/ac

Profit if resale lands off target

-20%

$47,959

-10%

$85,995

$124,031

+10%

$162,067

+20%

$200,103

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-637969 Gravel · Off grid	337.6	Jul 27, 2026	$387,900	1,149	1,139	11.4 mi	81
NE-727751 Landlocked · Off grid	288.2	Jul 17, 2026	$234,700	814	1,135	11.4 mi	77
NE-759000 Gravel · Power at road	712.4	Apr 4, 2026	$681,300	956	1,022	3.6 mi	75
NE-418053 Gravel · Full utilities	358.7	Mar 16, 2024	$838,100	2,336	1,805	9.3 mi	70
NE-519379 Dirt · Full utilities	937.4	Jul 27, 2026	$845,200	902	987	15.7 mi	68
NE-439078 Gravel · Power at road	753.8	Dec 8, 2025	$529,300	702	774	15.7 mi	65
NE-629699 Dirt · Off grid	1182.0	Jan 11, 2026	$821,200	695	1,199	9.1 mi	65
NE-799369 Landlocked · Full utilities	930.7	Feb 15, 2025	$610,900	656	961	7.1 mi	60

Show adjustment detail for the top comp

Tract size (337.55 ac → 365.02 ac)-2.3%
Access (Gravel → Dirt)-14.0%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV