Frontier County, NE · Sold

NE-939737

6408 County Road 234

$2,240,000

$1,844/ac · 1,215 ac

Offer report Market this tract

Acreage1,215 ac

Price per acre$1,844/ac

ZoningRecreational

Road accessGravel

UtilitiesOff grid

TopographyWooded

ListedNov 10, 2024

Coordinates40.5409, -100.3773

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands15.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,673 ft of deeded road frontage.

Power8,930 ft away

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

Buildable area979.95 of 1214.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,902,333

$1,550,570 – $2,254,097 · $1,566/ac on 1,215 ac

Asking vs estimate

+17.8%

Priced above 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 $2,240,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,087,048

$895/ac · +30.0% target margin

You need $1,152,952 off asking to hit this margin.

All-in cost$1,179,447

Net resale$1,750,147

Projected profit$570,699

ROI+48.4%

Annualized+69.2%

Break-even resale$1,055/ac

Profit if resale lands off target

-20%

$220,670

-10%

$395,685

$570,699

+10%

$745,714

+20%

$920,729

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-829820 Gravel · Power at road	1290.3	Jul 27, 2026	$1,796,600	1,392	1,209	4.8 mi	88
NE-597287 Dirt · Power at road	206.0	Jul 27, 2026	$597,200	2,900	1,687	3.4 mi	71
NE-999195 Gravel · Power at road	820.5	Jun 1, 2025	$2,044,100	2,491	1,970	9.4 mi	70
NE-309248 Paved · Power at road	852.6	Nov 5, 2024	$2,362,400	2,771	1,921	3.4 mi	69
NE-106929 Landlocked · Power at road	158.9	Mar 29, 2026	$300,300	1,890	1,313	4.5 mi	60
NE-298280 Dirt · Power at road	422.9	Dec 20, 2024	$844,600	1,997	1,528	7.2 mi	59
NE-287291 Landlocked · Power at road	206.6	May 7, 2024	$340,300	1,648	1,326	3.9 mi	53

Show adjustment detail for the top comp

Tract size (1290.29 ac → 1214.99 ac)+1.9%
Utilities (Power at road → Off grid)-15.0%

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.

Build the listing kit Post a deal or JV