Sheridan County, NE · Sold

NE-686938

3772 County Road 220

$489,000

$3,057/ac · 160 ac

Offer report Market this tract

Acreage160 ac

Price per acre$3,057/ac

ZoningAgricultural

Road accessPaved

UtilitiesPower at road

TopographyMixed

ListedAug 20, 2025

Coordinates42.4784, -102.3430

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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

4 items to verify before you offer.

Risk index

Low risk

Wetlands13.3% 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 accessRecorded easement

Access by easement; pull and read the recorded document.

Power43 ft away

Power at or near the road.

Buildable area131.74 of 159.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$425,077

$358,767 – $491,388 · $2,658/ac on 160 ac

Asking vs estimate

+15.0%

Priced above 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 $489,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$242,901

$1,519/ac · +30.0% target margin

You need $246,099 off asking to hit this margin.

All-in cost$263,548

Net resale$391,071

Projected profit$127,524

ROI+48.4%

Annualized+69.3%

Break-even resale$1,791/ac

Profit if resale lands off target

-20%

$49,309

-10%

$88,416

$127,524

+10%

$166,631

+20%

$205,738

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NE-256476 Paved · Power at road	114.5	Dec 8, 2025	$248,100	2,168	2,043	8.6 mi	77
NE-306441 Landlocked · Off grid	111.6	Jul 27, 2026	$148,300	1,329	2,475	8.6 mi	77
NE-566161 Dirt · Power at road	91.1	Oct 11, 2025	$204,500	2,245	2,761	4.2 mi	72
NE-476642 Dirt · Full utilities	129.1	Jul 16, 2025	$320,700	2,485	2,760	8.4 mi	72
NE-327386 Dirt · Power at road	221.3	Jan 22, 2025	$382,200	1,727	2,762	6.4 mi	71
NE-638351 Landlocked · Off grid	445.2	Jul 27, 2026	$472,400	1,061	2,912	7.2 mi	70
NE-308248 Paved · Full utilities	413.2	Apr 1, 2025	$930,200	2,252	2,560	9.0 mi	67
NE-978086 Landlocked · Off grid	367.4	Oct 15, 2024	$474,200	1,291	3,594	4.8 mi	62
NE-528128 Gravel · Full utilities	378.8	Jul 16, 2024	$609,200	1,608	2,162	5.9 mi	60

Show adjustment detail for the top comp

Tract size (114.45 ac → 159.95 ac)-8.4%
Market time (8 mo)+2.9%

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