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Grant County, NE · Sold

NE-137728

5921 County Road 242

$952,800
$3,361/ac · 283 ac
Acreage283 ac
Price per acre$3,361/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedFeb 23, 2025
Coordinates41.8974, -101.7485
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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

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

View Grant market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands16.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,524 ft of deeded road frontage.

Power111 ft away

Power at or near the road.

Buildable area224.60 of 283.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$637,837
$541,470$734,203 · $2,250/ac on 283 ac
Asking vs estimate
+49.4%
Priced above the comp set

Weighted from 10 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 $952,800
Maximum allowable offer
$364,478
$1,286/ac · +30.0% target margin

You need $588,322 off asking to hit this margin.

All-in cost$395,459
Net resale$586,810
Projected profit$191,351
ROI+48.4%
Annualized+69.2%
Break-even resale$1,516/ac
Profit if resale lands off target
-20%
$73,989
-10%
$132,670
0%
$191,351
+10%
$250,032
+20%
$308,713
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-787380
Paved · Off grid
220.3Jul 10, 2026$544,0002,4692,3002.4 mi
87
NE-237373
Gravel · Power at road
219.2Oct 12, 2025$429,1001,9581,8844.6 mi
84
NE-646875
Paved · Off grid
152.8Jul 27, 2026$317,8002,0801,7493.2 mi
81
NE-566378
Gravel · Power at road
106.6Jul 27, 2026$362,7003,4022,6144.6 mi
76
NE-366725
Gravel · Power at road
137.1Mar 15, 2026$390,3002,8472,3693.8 mi
76
NE-639385
Gravel · Full utilities
941.5Jul 27, 2026$2,338,2002,4832,9305.2 mi
72
NE-776164
Dirt · Power at road
91.3Jul 27, 2026$249,7002,7352,3525.8 mi
71
NE-266670
Dirt · Off grid
131.7Jul 12, 2025$215,7001,6371,8963.8 mi
71
NE-786103
Paved · Power at road
87.3Jul 21, 2024$285,9003,2742,2022.4 mi
65
NE-938630
Landlocked · Off grid
544.9Jan 16, 2024$536,7009852,2946.2 mi
61
Show adjustment detail for the top comp
  • Tract size (220.31 ac → 283.48 ac)-6.9%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (1 mo)+0.4%

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.