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Lancaster County, NE · Sold

NE-826425

3838 County Road 38

$655,500
$5,943/ac · 110 ac
Acreage110 ac
Price per acre$5,943/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedSep 3, 2025
Coordinates40.7496, -96.5901
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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

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

View Lancaster market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
14
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope16.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,493 ft of deeded road frontage.

Power23 ft away

Power at or near the road.

Buildable area87.00 of 110.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$550,185
$469,245$631,125 · $4,988/ac on 110 ac
Asking vs estimate
+19.1%
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 $655,500
Maximum allowable offer
$314,391
$2,850/ac · +30.0% target margin

You need $341,109 off asking to hit this margin.

All-in cost$341,114
Net resale$506,170
Projected profit$165,056
ROI+48.4%
Annualized+69.3%
Break-even resale$3,362/ac
Profit if resale lands off target
-20%
$63,822
-10%
$114,439
0%
$165,056
+10%
$215,673
+20%
$266,290
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-845437
Landlocked · Off grid
53.9Jul 27, 2026$196,4003,6436,3246.1 mi
74
NE-417154
Gravel · Power at road
187.0Dec 9, 2025$556,3002,9744,1518.4 mi
71
NE-116198
Dirt · Power at road
93.6Oct 6, 2024$271,6002,9024,12211.1 mi
70
NE-427243
Dirt · Power at road
199.5Jun 12, 2025$526,4002,6394,44813.2 mi
69
NE-635641
Dirt · Off grid
62.5Sep 15, 2025$214,0003,4235,0227.1 mi
68
NE-335612
Landlocked · Off grid
61.2Dec 22, 2025$184,6003,0165,5119.1 mi
68
NE-145057
Landlocked · Off grid
40.9Nov 14, 2025$132,7003,2425,4897.5 mi
64
NE-884887
Dirt · Power at road
36.2Mar 15, 2024$146,2004,0404,80211.4 mi
55
Show adjustment detail for the top comp
  • Tract size (53.92 ac → 110.3 ac)-15.2%
  • Access (Landlocked → Paved)+73.5%
  • 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.