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Morrill County, NE · Sold

NE-882561

8241 County Road 251

$29,300
$4,367/ac · 6.71 ac
Acreage6.71 ac
Price per acre$4,367/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedAug 9, 2025
Coordinates41.7840, -103.0421
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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
23
Low risk
Wetlands21.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

620 ft of deeded road frontage.

Power50 ft away

Power at or near the road.

Buildable area5.01 of 6.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$28,542
$23,970$33,113 · $4,254/ac on 6.71 ac
Asking vs estimate
+2.7%
In line with the comp set

Weighted from 7 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 $29,300
Maximum allowable offer
$16,309
$2,431/ac · +30.0% target margin

You need $12,991 off asking to hit this margin.

All-in cost$17,695
Net resale$26,258
Projected profit$8,563
ROI+48.4%
Annualized+69.3%
Break-even resale$2,866/ac
Profit if resale lands off target
-20%
$3,311
-10%
$5,937
0%
$8,563
+10%
$11,189
+20%
$13,815
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-444069
Paved · Power at road
20.0Jul 27, 2026$74,8003,7394,1373.1 mi
76
NE-721788
Dirt · Off grid
3.8Jul 24, 2026$7,5001,9673,1016.8 mi
76
NE-402883
Paved · Power at road
8.5Mar 25, 2025$42,8005,0525,4296.6 mi
76
NE-741125
Dirt · Power at road
2.4Apr 10, 2026$8,2003,4784,6505.7 mi
74
NE-772087
Gravel · Off grid
4.8Oct 16, 2024$13,1002,7604,0554.7 mi
68
NE-553167
Gravel · Off grid
10.4Feb 21, 2025$26,8002,5723,91110.6 mi
65
NE-530860
Dirt · Full utilities
2.0Mar 6, 2026$8,0004,0794,4718.5 mi
63
Show adjustment detail for the top comp
  • Tract size (20.01 ac → 6.71 ac)+10.4%

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.