Morrill County, NE · Sold

NE-908183

155 County Road 170

$1,004,000

$2,547/ac · 394 ac

Offer report Market this tract

Acreage394 ac

Price per acre$2,547/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyRolling

ListedNov 28, 2024

Coordinates41.7203, -102.8843

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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

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

View Morrill market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,512 ft of deeded road frontage.

Power13 ft away

Power at or near the road.

Buildable area315.66 of 394.15 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$831,709

$642,147 – $1,021,271 · $2,110/ac on 394 ac

Asking vs estimate

+20.7%

Priced above the comp set

Weighted from 9 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 $1,004,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$475,262

$1,206/ac · +30.0% target margin

You need $528,738 off asking to hit this margin.

All-in cost$515,659

Net resale$765,172

Projected profit$249,513

ROI+48.4%

Annualized+69.2%

Break-even resale$1,422/ac

Profit if resale lands off target

-20%

$96,479

-10%

$172,996

$249,513

+10%

$326,030

+20%

$402,547

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-438191 Gravel · Full utilities	396.4	Jul 27, 2026	$890,800	2,247	1,849	6.5 mi	88
NE-528371 Dirt · Off grid	451.7	Jul 27, 2026	$672,000	1,488	2,125	7.1 mi	82
NE-308812 Gravel · Full utilities	621.7	Jan 12, 2026	$1,237,800	1,991	1,919	7.6 mi	79
NE-889300 Dirt · Power at road	885.3	Sep 12, 2025	$1,650,000	1,864	2,880	1.2 mi	71
NE-739033 Gravel · Off grid	729.6	Nov 17, 2025	$965,600	1,323	1,935	11.5 mi	69
NE-478782 Paved · Off grid	608.3	Nov 7, 2024	$1,445,800	2,377	2,902	3.3 mi	68
NE-546817 Dirt · Off grid	146.5	Oct 3, 2024	$310,300	2,117	2,360	9.5 mi	62
NE-379505 Landlocked · Power at road	1027.0	Apr 24, 2025	$731,400	712	1,480	10.3 mi	62
NE-146825 Paved · Power at road	147.4	Sep 16, 2024	$313,800	2,129	1,475	11.3 mi	58

Show adjustment detail for the top comp

Utilities (Full utilities → Power at road)-18.0%

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