← New search
Morrill County, NE · Sold

NE-402883

9517 County Road 154

$41,000
$4,835/ac · 8.48 ac
Acreage8.48 ac
Price per acre$4,835/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedApr 9, 2024
Coordinates41.7013, -103.1078
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

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

View Morrill market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

491 ft of deeded road frontage.

Power164 ft away

Power at or near the road.

Buildable area6.94 of 8.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$33,999
$29,031$38,967 · $4,009/ac on 8.48 ac
Asking vs estimate
+20.6%
Priced above the comp set

Weighted from 6 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 $41,000
Maximum allowable offer
$19,428
$2,291/ac · +30.0% target margin

You need $21,572 off asking to hit this margin.

All-in cost$21,079
Net resale$31,279
Projected profit$10,200
ROI+48.4%
Annualized+69.2%
Break-even resale$2,702/ac
Profit if resale lands off target
-20%
$3,944
-10%
$7,072
0%
$10,200
+10%
$13,328
+20%
$16,456
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-882561
Paved · Power at road
6.7Apr 10, 2026$27,7004,1264,1246.6 mi
82
NE-444069
Paved · Power at road
20.0Jul 27, 2026$74,8003,7394,0757.3 mi
76
NE-721788
Dirt · Off grid
3.8Jul 24, 2026$7,5001,9673,0553.1 mi
74
NE-553167
Gravel · Off grid
10.4Feb 21, 2025$26,8002,5723,85311.1 mi
69
NE-354490
Dirt · Full utilities
27.1Apr 12, 2026$107,0003,9425,10512.1 mi
62
NE-772087
Gravel · Off grid
4.8Oct 16, 2024$13,1002,7603,99410.7 mi
61
Show adjustment detail for the top comp
  • Tract size (6.71 ac → 8.48 ac)-1.5%
  • Market time (4 mo)+1.5%

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.