Sheridan County, NE · Sold

NE-308248

7203 County Road 159

$1,058,300

$2,561/ac · 413 ac

Offer report Market this tract

Acreage413 ac

Price per acre$2,561/ac

ZoningAgricultural

Road accessPaved

UtilitiesFull utilities

TopographyWooded

ListedOct 17, 2024

Coordinates42.4343, -102.5087

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County GIS boundary

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County market

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

View Sheridan market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index

Low risk

Wetlands18.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,497 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area321.07 of 413.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,030,667

$840,896 – $1,220,438 · $2,495/ac on 413 ac

Asking vs estimate

+2.7%

In line with 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 $1,058,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$588,953

$1,425/ac · +30.0% target margin

You need $469,347 off asking to hit this margin.

All-in cost$639,014

Net resale$948,214

Projected profit$309,200

ROI+48.4%

Annualized+69.2%

Break-even resale$1,681/ac

Profit if resale lands off target

-20%

$119,557

-10%

$214,378

$309,200

+10%

$404,021

+20%

$498,842

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-638351 Landlocked · Off grid	445.2	Jul 27, 2026	$472,400	1,061	2,709	13.6 mi	80
NE-686938 Paved · Power at road	159.9	Jan 9, 2026	$456,700	2,855	2,723	9.0 mi	71
NE-528128 Gravel · Full utilities	378.8	Jul 16, 2024	$609,200	1,608	2,011	10.8 mi	71
NE-978086 Landlocked · Off grid	367.4	Oct 15, 2024	$474,200	1,291	3,344	8.4 mi	70
NE-327386 Dirt · Power at road	221.3	Jan 22, 2025	$382,200	1,727	2,570	4.1 mi	66
NE-476642 Dirt · Full utilities	129.1	Jul 16, 2025	$320,700	2,485	2,568	5.0 mi	63
NE-479232 Dirt · Power at road	842.7	Dec 1, 2024	$746,800	886	1,974	7.4 mi	62
NE-289357 Paved · Off grid	922.6	Jun 22, 2024	$866,900	940	1,878	12.9 mi	59

Show adjustment detail for the top comp

Tract size (445.16 ac → 413.16 ac)+2.3%
Access (Landlocked → Paved)+73.5%
Utilities (Off grid → Full utilities)+43.5%

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.

Build the listing kit Post a deal or JV