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Morrill County, NE · Sold

NE-146825

7322 County Road 122

$343,700
$2,332/ac · 147 ac
Acreage147 ac
Price per acre$2,332/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedSep 8, 2023
Coordinates41.8170, -103.0622
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

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,586 ft of deeded road frontage.

Power134 ft away

Power at or near the road.

Buildable area138.88 of 147.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$489,776
$402,486$577,066 · $3,323/ac on 147 ac
Asking vs estimate
-29.8%
Priced below the comp set

Weighted from 8 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 $343,700
Maximum allowable offer
$279,872
$1,899/ac · +30.0% target margin

You need $63,828 off asking to hit this margin.

All-in cost$303,661
Net resale$450,594
Projected profit$146,933
ROI+48.4%
Annualized+69.2%
Break-even resale$2,240/ac
Profit if resale lands off target
-20%
$56,814
-10%
$101,873
0%
$146,933
+10%
$191,992
+20%
$237,052
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-676312
Dirt · Power at road
101.6Jun 27, 2026$314,0003,0893,87512.7 mi
77
NE-546817
Dirt · Off grid
146.5Oct 3, 2024$310,3002,1173,6802.4 mi
76
NE-438191
Gravel · Full utilities
396.4Jul 27, 2026$890,8002,2472,8846.8 mi
70
NE-528371
Dirt · Off grid
451.7Jul 27, 2026$672,0001,4883,3146.8 mi
69
NE-915796
Dirt · Power at road
69.9Feb 22, 2025$202,8002,8993,5163.5 mi
67
NE-435492
Landlocked · Off grid
56.1May 30, 2025$88,9001,5852,6981.7 mi
65
NE-695943
Landlocked · Off grid
77.8Apr 28, 2025$96,3001,2382,27312.2 mi
62
NE-908183
Gravel · Power at road
394.1Jul 3, 2025$1,018,1002,5834,21811.3 mi
61
Show adjustment detail for the top comp
  • Tract size (101.63 ac → 147.37 ac)-9.1%
  • Access (Dirt → Paved)+37.2%
  • Market time (2 mo)+0.6%

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.