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Sheridan County, NE · Sold

NE-638351

5182 County Road 268

$543,000
$1,220/ac · 445 ac
Acreage445 ac
Price per acre$1,220/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedMay 22, 2026
Coordinates42.4031, -102.2462
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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

Sheridan County, Nebraska. Sandhills grazing and irrigated pivot ground.

View Sheridan market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power6,676 ft away

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

Buildable area412.33 of 445.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$427,224
$345,405$509,044 · $960/ac on 445 ac
Asking vs estimate
+27.1%
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 $543,000
Maximum allowable offer
$244,128
$548/ac · +30.0% target margin

You need $298,872 off asking to hit this margin.

All-in cost$264,879
Net resale$393,046
Projected profit$128,168
ROI+48.4%
Annualized+69.3%
Break-even resale$647/ac
Profit if resale lands off target
-20%
$49,558
-10%
$88,863
0%
$128,168
+10%
$167,472
+20%
$206,777
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-978086
Landlocked · Off grid
367.4Oct 15, 2024$474,2001,2911,31312.0 mi
76
NE-528128
Gravel · Full utilities
378.8Jul 16, 2024$609,2001,6087902.8 mi
72
NE-308248
Paved · Full utilities
413.2Apr 1, 2025$930,2002,25293513.6 mi
70
NE-479232
Dirt · Power at road
842.7Dec 1, 2024$746,8008867756.9 mi
68
NE-686938
Paved · Power at road
159.9Jan 9, 2026$456,7002,8551,0697.2 mi
65
NE-327386
Dirt · Power at road
221.3Jan 22, 2025$382,2001,7271,00912.7 mi
65
NE-289357
Paved · Off grid
922.6Jun 22, 2024$866,90094073710.7 mi
60
NE-476642
Dirt · Full utilities
129.1Jul 16, 2025$320,7002,4851,00814.9 mi
55
Show adjustment detail for the top comp
  • Tract size (367.41 ac → 445.16 ac)-5.6%
  • Market time (22 mo)+7.7%

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.