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Morrill County, NE · Sold

NE-308812

2815 County Road 252

$1,246,500
$2,005/ac · 622 ac
Acreage622 ac
Price per acre$2,005/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 18, 2025
Coordinates41.6712, -103.0159
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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
16
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,608 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area530.35 of 621.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,495,138
$1,157,926$1,832,350 · $2,405/ac on 622 ac
Asking vs estimate
-16.6%
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 $1,246,500
Maximum allowable offer
$854,364
$1,374/ac · +30.0% target margin

You need $392,136 off asking to hit this margin.

All-in cost$926,985
Net resale$1,375,527
Projected profit$448,542
ROI+48.4%
Annualized+69.2%
Break-even resale$1,621/ac
Profit if resale lands off target
-20%
$173,436
-10%
$310,989
0%
$448,542
+10%
$586,095
+20%
$723,647
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-739033
Gravel · Off grid
729.6Nov 17, 2025$965,6001,3232,0573.9 mi
81
NE-528371
Dirt · Off grid
451.7Jul 27, 2026$672,0001,4882,2593.6 mi
81
NE-438191
Gravel · Full utilities
396.4Jul 27, 2026$890,8002,2471,96610.4 mi
79
NE-908183
Gravel · Power at road
394.1Jul 3, 2025$1,018,1002,5832,8767.6 mi
75
NE-478782
Paved · Off grid
608.3Nov 7, 2024$1,445,8002,3773,0865.4 mi
74
NE-889300
Dirt · Power at road
885.3Sep 12, 2025$1,650,0001,8643,0627.7 mi
71
NE-379505
Landlocked · Power at road
1027.0Apr 24, 2025$731,4007121,5743.3 mi
69
Show adjustment detail for the top comp
  • Tract size (729.6 ac → 621.67 ac)+5.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.