← New search
McPherson County, NE · Sold

NE-366770

2983 County Road 387

$640,400
$4,522/ac · 142 ac
Acreage142 ac
Price per acre$4,522/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedDec 1, 2023
Coordinates41.6982, -101.1654
Loading terrain…
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

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

View McPherson market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
29
Low risk
Wetlands29.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

1,900 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area95.25 of 141.62 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$745,568
$625,073$866,063 · $5,265/ac on 142 ac
Asking vs estimate
-14.1%
Priced below 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 $640,400
Maximum allowable offer
$426,039
$3,008/ac · +30.0% target margin

You need $214,361 off asking to hit this margin.

All-in cost$462,252
Net resale$685,923
Projected profit$223,670
ROI+48.4%
Annualized+69.2%
Break-even resale$3,548/ac
Profit if resale lands off target
-20%
$86,486
-10%
$155,078
0%
$223,670
+10%
$292,263
+20%
$360,855
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-887359
Landlocked · Off grid
217.0Jul 9, 2026$277,9001,2813,5993.8 mi
84
NE-537187
Dirt · Off grid
191.6Jul 27, 2026$502,0002,6205,6125.6 mi
80
NE-656866
Gravel · Off grid
151.8Jul 10, 2024$467,3003,0785,7781.9 mi
75
NE-747885
Dirt · Power at road
317.6Jul 27, 2026$857,7002,7005,6786.1 mi
72
NE-158176
Gravel · Full utilities
392.2Jul 27, 2026$1,409,4003,5945,6698.6 mi
71
NE-236089
Gravel · Off grid
86.5Mar 28, 2025$229,5002,6544,2028.0 mi
70
NE-167656
Paved · Power at road
269.1May 25, 2025$1,054,1003,9176,0035.5 mi
69
NE-485906
Landlocked · Full utilities
75.7Jun 20, 2025$284,2003,7525,8479.3 mi
66
Show adjustment detail for the top comp
  • Tract size (216.98 ac → 141.62 ac)+12.4%
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.