Sheridan County, NE · Sold

NE-327386

4372 County Road 159

$400,200

$1,809/ac · 221 ac

Offer report Market this tract

Acreage221 ac

Price per acre$1,809/ac

ZoningResidential

Road accessDirt

UtilitiesPower at road

TopographyMixed

ListedJul 21, 2024

Coordinates42.4858, -102.4678

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands8.5% of tract

Little to no mapped wetland coverage.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,076 ft of deeded road frontage.

Power5 ft away

Power at or near the road.

Buildable area192.34 of 221.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$398,064

$334,495 – $461,633 · $1,799/ac on 221 ac

Asking vs estimate

+0.5%

In line with the comp set

Weighted from 9 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 $400,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$227,465

$1,028/ac · +30.0% target margin

You need $172,735 off asking to hit this margin.

All-in cost$246,800

Net resale$366,219

Projected profit$119,420

ROI+48.4%

Annualized+69.3%

Break-even resale$1,212/ac

Profit if resale lands off target

-20%

$46,176

-10%

$82,798

$119,420

+10%

$156,041

+20%

$192,663

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-686938 Paved · Power at road	159.9	Jan 9, 2026	$456,700	2,855	1,951	6.4 mi	77
NE-638351 Landlocked · Off grid	445.2	Jul 27, 2026	$472,400	1,061	1,940	12.7 mi	75
NE-476642 Dirt · Full utilities	129.1	Jul 16, 2025	$320,700	2,485	1,840	2.3 mi	73
NE-256476 Paved · Power at road	114.5	Dec 8, 2025	$248,100	2,168	1,361	5.6 mi	72
NE-306441 Landlocked · Off grid	111.6	Jul 27, 2026	$148,300	1,329	1,649	10.9 mi	71
NE-978086 Landlocked · Off grid	367.4	Oct 15, 2024	$474,200	1,291	2,395	4.4 mi	71
NE-566161 Dirt · Power at road	91.1	Oct 11, 2025	$204,500	2,245	1,840	9.1 mi	68
NE-308248 Paved · Full utilities	413.2	Apr 1, 2025	$930,200	2,252	1,706	4.1 mi	66
NE-528128 Gravel · Full utilities	378.8	Jul 16, 2024	$609,200	1,608	1,441	10.4 mi	61

Show adjustment detail for the top comp

Tract size (159.95 ac → 221.27 ac)-8.6%
Access (Paved → Dirt)-27.1%
Market time (7 mo)+2.5%

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