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Knox County, NE · Sold

NE-158958

5716 County Road 48

$1,342,400
$1,943/ac · 691 ac
Acreage691 ac
Price per acre$1,943/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedApr 25, 2024
Coordinates42.5506, -97.7816
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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

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

View Knox market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope20.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power5,360 ft away

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

Buildable area403.00 of 691.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,077,574
$846,711$1,308,437 · $1,559/ac on 691 ac
Asking vs estimate
+24.6%
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 $1,342,400
Maximum allowable offer
$615,757
$891/ac · +30.0% target margin

You need $726,643 off asking to hit this margin.

All-in cost$668,096
Net resale$991,368
Projected profit$323,272
ROI+48.4%
Annualized+69.2%
Break-even resale$1,051/ac
Profit if resale lands off target
-20%
$124,998
-10%
$224,135
0%
$323,272
+10%
$422,408
+20%
$521,545
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-209040
Dirt · Off grid
733.3Jul 27, 2026$1,023,9001,3961,6570.1 mi
90
NE-599026
Dirt · Power at road
725.9Feb 25, 2025$922,2001,2701,3535.8 mi
80
NE-909599
Landlocked · Full utilities
1099.4Mar 1, 2026$1,497,2001,3621,6422.6 mi
76
NE-209494
Gravel · Off grid
1018.9Nov 5, 2025$1,394,2001,3681,5938.2 mi
75
NE-989219
Landlocked · Power at road
834.8Apr 22, 2025$830,6009951,3912.2 mi
75
NE-547874
Gravel · Power at road
315.1Jul 27, 2026$510,9001,6211,0916.8 mi
75
NE-697524
Gravel · Power at road
244.5Jul 27, 2026$912,7003,7322,3347.0 mi
73
NE-327794
Paved · Off grid
297.4Jan 29, 2026$626,3002,1061,4186.9 mi
69
Show adjustment detail for the top comp
  • Tract size (733.31 ac → 691.02 ac)+1.8%
  • Access (Dirt → Gravel)+16.3%

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.