← New search
Morrill County, NE · Sold

NE-553167

7891 County Road 223

$30,600
$2,939/ac · 10.41 ac
Acreage10.41 ac
Price per acre$2,939/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedJul 16, 2024
Coordinates41.6763, -102.8961
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

5 items to verify before you offer.

Risk index
30
Moderate risk
Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,958 ft away

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

Buildable area8.53 of 10.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,029
$26,608$37,451 · $3,077/ac on 10.41 ac
Asking vs estimate
-4.5%
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 $30,600
Maximum allowable offer
$18,302
$1,758/ac · +30.0% target margin

You need $12,298 off asking to hit this margin.

All-in cost$19,858
Net resale$29,467
Projected profit$9,609
ROI+48.4%
Annualized+69.3%
Break-even resale$2,073/ac
Profit if resale lands off target
-20%
$3,716
-10%
$6,663
0%
$9,609
+10%
$12,556
+20%
$15,503
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-882561
Paved · Power at road
6.7Apr 10, 2026$27,7004,1262,92510.6 mi
72
NE-721788
Dirt · Off grid
3.8Jul 24, 2026$7,5001,9672,1668.0 mi
71
NE-354490
Dirt · Full utilities
27.1Apr 12, 2026$107,0003,9423,6209.5 mi
70
NE-444069
Paved · Power at road
20.0Jul 27, 2026$74,8003,7392,89013.6 mi
70
NE-402883
Paved · Power at road
8.5Mar 25, 2025$42,8005,0523,79311.1 mi
69
NE-772087
Gravel · Off grid
4.8Oct 16, 2024$13,1002,7602,8329.5 mi
64
NE-294748
Landlocked · Power at road
32.7Feb 27, 2024$69,5002,1253,3747.7 mi
55
Show adjustment detail for the top comp
  • Tract size (6.71 ac → 10.41 ac)-3.0%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.