← New search
Sheridan County, NE · Sold

NE-441942

5368 County Road 183

$12,300
$2,867/ac · 4.29 ac
Acreage4.29 ac
Price per acre$2,867/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedJan 3, 2024
Coordinates42.6261, -102.2255
Loading terrain…
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
37
Moderate risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope1.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,562 ft away

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

Buildable area3.81 of 4.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,198
$8,857$13,538 · $2,610/ac on 4.29 ac
Asking vs estimate
+9.8%
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 $12,300
Maximum allowable offer
$6,399
$1,492/ac · +30.0% target margin

You need $5,901 off asking to hit this margin.

All-in cost$6,943
Net resale$10,302
Projected profit$3,359
ROI+48.4%
Annualized+69.2%
Break-even resale$1,759/ac
Profit if resale lands off target
-20%
$1,299
-10%
$2,329
0%
$3,359
+10%
$4,389
+20%
$5,419
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-922003
Gravel · Off grid
4.5May 28, 2025$12,9002,8742,0588.2 mi
77
NE-760587
Gravel · Power at road
1.6Apr 27, 2026$8,4005,2322,9844.4 mi
74
NE-231970
Gravel · Full utilities
4.4Dec 6, 2023$16,3003,7341,97113.3 mi
72
NE-752531
Landlocked · Power at road
6.6Jan 11, 2025$24,9003,7903,50910.8 mi
72
NE-852479
Paved · Off grid
6.3Aug 17, 2025$22,3003,5192,15217.1 mi
67
NE-863503
Gravel · Off grid
13.3Jul 17, 2026$48,9003,6822,70615.7 mi
66
NE-353039
Landlocked · Power at road
9.5Jan 23, 2025$23,6002,4912,3617.3 mi
64
NE-360372
Paved · Power at road
1.4Oct 28, 2024$8,7006,3493,25113.3 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Market time (15 mo)+5.1%

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.