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Sheridan County, NE · Sold

NE-479232

3088 County Road 372

$877,500
$1,041/ac · 843 ac
Acreage843 ac
Price per acre$1,041/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedNov 15, 2024
Coordinates42.4504, -102.3653
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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
32
Moderate risk
Wetlands21.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.3%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power182 ft away

Power at or near the road.

Buildable area630.07 of 842.74 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,002,097
$790,074$1,214,120 · $1,189/ac on 843 ac
Asking vs estimate
-12.4%
Priced below the comp set

Weighted from 5 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 $877,500
Maximum allowable offer
$572,627
$679/ac · +30.0% target margin

You need $304,873 off asking to hit this margin.

All-in cost$621,300
Net resale$921,929
Projected profit$300,629
ROI+48.4%
Annualized+69.2%
Break-even resale$801/ac
Profit if resale lands off target
-20%
$116,243
-10%
$208,436
0%
$300,629
+10%
$392,822
+20%
$485,015
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-638351
Landlocked · Off grid
445.2Jul 27, 2026$472,4001,0611,3036.9 mi
79
NE-289357
Paved · Off grid
922.6Jun 22, 2024$866,9009409037.5 mi
71
NE-978086
Landlocked · Off grid
367.4Oct 15, 2024$474,2001,2911,6085.9 mi
66
NE-308248
Paved · Full utilities
413.2Apr 1, 2025$930,2002,2521,1457.4 mi
63
NE-528128
Gravel · Full utilities
378.8Jul 16, 2024$609,2001,6089674.8 mi
61
Show adjustment detail for the top comp
  • Tract size (445.16 ac → 842.74 ac)-17.7%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%

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.