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Morrill County, NE · Sold

NE-294748

2979 County Road 375

$84,200
$2,573/ac · 32.73 ac
Acreage32.73 ac
Price per acre$2,573/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedJan 28, 2024
Coordinates41.7867, -102.8777
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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

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands13.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.5%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power133 ft away

Power at or near the road.

Buildable area26.93 of 32.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,047
$63,534$90,559 · $2,354/ac on 32.73 ac
Asking vs estimate
+9.3%
Priced above 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 $84,200
Maximum allowable offer
$44,027
$1,345/ac · +30.0% target margin

You need $40,173 off asking to hit this margin.

All-in cost$47,769
Net resale$70,883
Projected profit$23,114
ROI+48.4%
Annualized+69.2%
Break-even resale$1,586/ac
Profit if resale lands off target
-20%
$8,937
-10%
$16,025
0%
$23,114
+10%
$30,202
+20%
$37,290
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-875029
Paved · Off grid
40.1Jul 27, 2026$138,6003,4542,4322.2 mi
85
NE-354490
Dirt · Full utilities
27.1Apr 12, 2026$107,0003,9422,5163.1 mi
81
NE-444069
Paved · Power at road
20.0Jul 27, 2026$74,8003,7392,00811.2 mi
76
NE-435492
Landlocked · Off grid
56.1May 30, 2025$88,9001,5852,1698.4 mi
69
NE-676312
Dirt · Power at road
101.6Jun 27, 2026$314,0003,0893,11415.2 mi
65
NE-695943
Landlocked · Off grid
77.8Apr 28, 2025$96,3001,2381,8279.7 mi
63
NE-915796
Dirt · Power at road
69.9Feb 22, 2025$202,8002,8992,82611.4 mi
63
NE-553167
Gravel · Off grid
10.4Feb 21, 2025$26,8002,5721,8997.7 mi
58
Show adjustment detail for the top comp
  • Tract size (40.12 ac → 32.73 ac)+3.6%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Power at road)+17.6%

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.