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Morrill County, NE · Sold

NE-379505

4803 County Road 99

$779,700
$759/ac · 1,027 ac
Acreage1,027 ac
Price per acre$759/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedMar 6, 2025
Coordinates41.6812, -103.0775
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
41
Moderate risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power28 ft away

Power at or near the road.

Buildable area838.11 of 1027.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,208,337
$978,797$1,437,877 · $1,177/ac on 1,027 ac
Asking vs estimate
-35.5%
Priced below 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 $779,700
Maximum allowable offer
$690,478
$672/ac · +30.0% target margin

You need $89,222 off asking to hit this margin.

All-in cost$749,169
Net resale$1,111,670
Projected profit$362,501
ROI+48.4%
Annualized+69.2%
Break-even resale$793/ac
Profit if resale lands off target
-20%
$140,167
-10%
$251,334
0%
$362,501
+10%
$473,668
+20%
$584,835
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-739033
Gravel · Off grid
729.6Nov 17, 2025$965,6001,3239822.5 mi
75
NE-889300
Dirt · Power at road
885.3Sep 12, 2025$1,650,0001,8641,46210.2 mi
75
NE-308812
Gravel · Full utilities
621.7Jan 12, 2026$1,237,8001,9919743.3 mi
74
NE-528371
Dirt · Off grid
451.7Jul 27, 2026$672,0001,4881,0794.1 mi
74
NE-438191
Gravel · Full utilities
396.4Jul 27, 2026$890,8002,24793911.6 mi
68
NE-478782
Paved · Off grid
608.3Nov 7, 2024$1,445,8002,3771,4737.5 mi
64
NE-908183
Gravel · Power at road
394.1Jul 3, 2025$1,018,1002,5831,37310.3 mi
63
Show adjustment detail for the top comp
  • Tract size (729.6 ac → 1027.03 ac)-10.0%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (9 mo)+3.1%

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.