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Frontier County, NE · Sold

NE-362786

8385 County Road 359

$32,800
$4,152/ac · 7.90 ac
Acreage7.90 ac
Price per acre$4,152/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedDec 3, 2023
Coordinates40.4739, -100.4951
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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

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

View Frontier market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
76
High risk
Wetlands49.0% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power13,270 ft away

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

Buildable area3.83 of 7.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,287
$22,669$29,905 · $3,327/ac on 7.90 ac
Asking vs estimate
+24.8%
Priced above the comp set

Weighted from 9 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 $32,800
Maximum allowable offer
$15,021
$1,901/ac · +30.0% target margin

You need $17,779 off asking to hit this margin.

All-in cost$16,298
Net resale$24,184
Projected profit$7,886
ROI+48.4%
Annualized+69.2%
Break-even resale$2,242/ac
Profit if resale lands off target
-20%
$3,049
-10%
$5,468
0%
$7,886
+10%
$10,304
+20%
$12,723
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-343739
Gravel · Off grid
15.8Jul 27, 2026$61,2003,8862,8135.1 mi
76
NE-191832
Landlocked · Full utilities
4.0Feb 12, 2025$20,5005,1823,7063.0 mi
73
NE-491811
Paved · Power at road
3.9Jul 27, 2026$27,2006,9673,30111.5 mi
71
NE-981911
Dirt · Power at road
4.2Jun 2, 2025$25,4006,0624,1426.4 mi
70
NE-831713
Gravel · Power at road
3.6Oct 28, 2025$21,1005,8113,3416.3 mi
66
NE-982258
Dirt · Full utilities
5.4May 4, 2025$28,7005,3173,02011.7 mi
66
NE-523973
Dirt · Power at road
18.7Oct 4, 2024$90,9004,8703,8232.0 mi
64
NE-391584
Paved · Power at road
3.3Jan 24, 2025$19,5005,9062,9587.4 mi
61
NE-641767
Paved · Power at road
3.8Sep 6, 2024$20,4005,3842,74912.6 mi
58
Show adjustment detail for the top comp
  • Tract size (15.76 ac → 7.9 ac)+6.2%
  • Access (Gravel → Landlocked)-32.0%

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.