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Sheridan County, NE · Sold

NE-184357

8502 County Road 375

$68,700
$2,786/ac · 24.66 ac
Acreage24.66 ac
Price per acre$2,786/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedMar 13, 2024
Coordinates42.5673, -102.2723
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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

4 items to verify before you offer.

Risk index
46
Moderate risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope13.9%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,160 ft away

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

Buildable area18.60 of 24.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$50,464
$41,161$59,767 · $2,046/ac on 24.66 ac
Asking vs estimate
+36.1%
Priced above the comp set

Weighted from 10 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 $68,700
Maximum allowable offer
$28,837
$1,169/ac · +30.0% target margin

You need $39,863 off asking to hit this margin.

All-in cost$31,288
Net resale$46,427
Projected profit$15,139
ROI+48.4%
Annualized+69.2%
Break-even resale$1,379/ac
Profit if resale lands off target
-20%
$5,853
-10%
$10,496
0%
$15,139
+10%
$19,781
+20%
$24,424
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-664414
Paved · Power at road
25.7Mar 19, 2026$105,6004,1092,06013.8 mi
77
NE-863503
Gravel · Off grid
13.3Jul 17, 2026$48,9003,6822,33111.0 mi
74
NE-306441
Landlocked · Off grid
111.6Jul 27, 2026$148,3001,3291,8063.5 mi
73
NE-353039
Landlocked · Power at road
9.5Jan 23, 2025$23,6002,4912,0345.7 mi
63
NE-566161
Dirt · Power at road
91.1Oct 11, 2025$204,5002,2452,0152.9 mi
63
NE-752531
Landlocked · Power at road
6.6Jan 11, 2025$24,9003,7903,0236.8 mi
59
NE-852479
Paved · Off grid
6.3Aug 17, 2025$22,3003,5191,85412.4 mi
58
NE-922003
Gravel · Off grid
4.5May 28, 2025$12,9002,8741,7725.9 mi
58
NE-256476
Paved · Power at road
114.5Dec 8, 2025$248,1002,1681,49115.4 mi
55
NE-476642
Dirt · Full utilities
129.1Jul 16, 2025$320,7002,4852,01412.5 mi
53
Show adjustment detail for the top comp
  • Tract size (25.7 ac → 24.66 ac)+0.6%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (5 mo)+1.7%

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.