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Morrill County, NE · Sold

NE-546817

9278 County Road 65

$308,400
$2,105/ac · 147 ac
Acreage147 ac
Price per acre$2,105/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedAug 31, 2024
Coordinates41.8169, -103.0159
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
33
Moderate risk
Wetlands12.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

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.

Power7,894 ft away

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

Buildable area121.79 of 146.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$285,469
$224,924$346,013 · $1,948/ac on 147 ac
Asking vs estimate
+8.0%
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 $308,400
Maximum allowable offer
$163,125
$1,113/ac · +30.0% target margin

You need $145,275 off asking to hit this margin.

All-in cost$176,991
Net resale$262,631
Projected profit$85,641
ROI+48.4%
Annualized+69.2%
Break-even resale$1,313/ac
Profit if resale lands off target
-20%
$33,114
-10%
$59,378
0%
$85,641
+10%
$111,904
+20%
$138,167
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-676312
Dirt · Power at road
101.6Jun 27, 2026$314,0003,0892,40413.2 mi
81
NE-146825
Paved · Power at road
147.4Sep 16, 2024$313,8002,1291,4272.4 mi
76
NE-528371
Dirt · Off grid
451.7Jul 27, 2026$672,0001,4882,0566.5 mi
73
NE-438191
Gravel · Full utilities
396.4Jul 27, 2026$890,8002,2471,7894.4 mi
71
NE-435492
Landlocked · Off grid
56.1May 30, 2025$88,9001,5851,6741.0 mi
67
NE-915796
Dirt · Power at road
69.9Feb 22, 2025$202,8002,8992,1825.2 mi
67
NE-908183
Gravel · Power at road
394.1Jul 3, 2025$1,018,1002,5832,6179.5 mi
65
NE-695943
Landlocked · Off grid
77.8Apr 28, 2025$96,3001,2381,41011.4 mi
64
Show adjustment detail for the top comp
  • Tract size (101.63 ac → 146.52 ac)-9.0%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.