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Morrill County, NE · Sold

NE-528371

2073 County Road 281

$661,400
$1,464/ac · 452 ac
Acreage452 ac
Price per acre$1,464/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMar 14, 2026
Coordinates41.7230, -103.0210
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
39
Moderate risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope21.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,490 ft away

A long utility run — price in solar/off-grid instead.

Buildable area252.84 of 451.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$693,516
$527,150$859,881 · $1,535/ac on 452 ac
Asking vs estimate
-4.6%
In line with 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 $661,400
Maximum allowable offer
$396,295
$877/ac · +30.0% target margin

You need $265,105 off asking to hit this margin.

All-in cost$429,980
Net resale$638,034
Projected profit$208,054
ROI+48.4%
Annualized+69.2%
Break-even resale$1,035/ac
Profit if resale lands off target
-20%
$80,447
-10%
$144,251
0%
$208,054
+10%
$271,858
+20%
$335,661
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-438191
Gravel · Full utilities
396.4Jul 27, 2026$890,8002,2471,2987.5 mi
87
NE-478782
Paved · Off grid
608.3Nov 7, 2024$1,445,8002,3772,0373.8 mi
76
NE-308812
Gravel · Full utilities
621.7Jan 12, 2026$1,237,8001,9911,3473.6 mi
76
NE-889300
Dirt · Power at road
885.3Sep 12, 2025$1,650,0001,8642,0216.6 mi
74
NE-908183
Gravel · Power at road
394.1Jul 3, 2025$1,018,1002,5831,8987.1 mi
74
NE-739033
Gravel · Off grid
729.6Nov 17, 2025$965,6001,3231,3586.3 mi
73
NE-379505
Landlocked · Power at road
1027.0Apr 24, 2025$731,4007121,0394.1 mi
64
NE-546817
Dirt · Off grid
146.5Oct 3, 2024$310,3002,1171,6566.5 mi
62
NE-146825
Paved · Power at road
147.4Sep 16, 2024$313,8002,1291,0356.8 mi
57
Show adjustment detail for the top comp
  • Tract size (396.44 ac → 451.66 ac)-3.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.