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Morrill County, NE · Sold

NE-772087

5069 County Road 172

$15,100
$3,172/ac · 4.76 ac
Acreage4.76 ac
Price per acre$3,172/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 19, 2024
Coordinates41.8062, -102.9549
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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

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands6.1% of tract

Little to no mapped wetland coverage.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

247 ft of deeded road frontage.

Power2,644 ft away

Service extension needed; get a utility quote.

Buildable area4.25 of 4.76 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,418
$11,908$16,928 · $3,029/ac on 4.76 ac
Asking vs estimate
+4.7%
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 $15,100
Maximum allowable offer
$8,239
$1,731/ac · +30.0% target margin

You need $6,861 off asking to hit this margin.

All-in cost$8,939
Net resale$13,264
Projected profit$4,325
ROI+48.4%
Annualized+69.2%
Break-even resale$2,041/ac
Profit if resale lands off target
-20%
$1,672
-10%
$2,999
0%
$4,325
+10%
$5,652
+20%
$6,978
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-721788
Dirt · Off grid
3.8Jul 24, 2026$7,5001,9672,2739.7 mi
81
NE-882561
Paved · Power at road
6.7Apr 10, 2026$27,7004,1263,0694.7 mi
77
NE-741125
Dirt · Power at road
2.4Apr 10, 2026$8,2003,4783,4097.6 mi
70
NE-530860
Dirt · Full utilities
2.0Mar 6, 2026$8,0004,0793,2774.2 mi
69
NE-800542
Dirt · Full utilities
1.6Nov 11, 2025$4,8003,1072,5194.2 mi
69
NE-553167
Gravel · Off grid
10.4Feb 21, 2025$26,8002,5722,8679.5 mi
65
NE-402883
Paved · Power at road
8.5Mar 25, 2025$42,8005,0523,98010.7 mi
63
Show adjustment detail for the top comp
  • Tract size (3.83 ac → 4.76 ac)-0.9%
  • Access (Dirt → Gravel)+16.3%

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.