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Sheridan County, NE · Sold

NE-978086

9028 County Road 275

$472,800
$1,287/ac · 367 ac
Acreage367 ac
Price per acre$1,287/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedSep 7, 2023
Coordinates42.5301, -102.4063
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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

5 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands18.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,596 ft away

Service extension needed; get a utility quote.

Buildable area284.12 of 367.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$354,473
$305,853$403,094 · $965/ac on 367 ac
Asking vs estimate
+33.4%
Priced above the comp set

Weighted from 10 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 $472,800
Maximum allowable offer
$202,556
$551/ac · +30.0% target margin

You need $270,244 off asking to hit this margin.

All-in cost$219,773
Net resale$326,115
Projected profit$106,342
ROI+48.4%
Annualized+69.3%
Break-even resale$650/ac
Profit if resale lands off target
-20%
$41,119
-10%
$73,731
0%
$106,342
+10%
$138,954
+20%
$171,565
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NE-638351
Landlocked · Off grid
445.2Jul 27, 2026$472,4001,0611,12612.0 mi
87
NE-306441
Landlocked · Off grid
111.6Jul 27, 2026$148,3001,3299576.5 mi
73
NE-308248
Paved · Full utilities
413.2Apr 1, 2025$930,2002,2529908.4 mi
72
NE-327386
Dirt · Power at road
221.3Jan 22, 2025$382,2001,7271,0684.4 mi
72
NE-528128
Gravel · Full utilities
378.8Jul 16, 2024$609,2001,60883610.5 mi
70
NE-686938
Paved · Power at road
159.9Jan 9, 2026$456,7002,8551,1324.8 mi
68
NE-479232
Dirt · Power at road
842.7Dec 1, 2024$746,8008868215.9 mi
66
NE-476642
Dirt · Full utilities
129.1Jul 16, 2025$320,7002,4851,0685.2 mi
62
NE-289357
Paved · Off grid
922.6Jun 22, 2024$866,9009407815.0 mi
62
NE-256476
Paved · Power at road
114.5Dec 8, 2025$248,1002,1687909.4 mi
61
Show adjustment detail for the top comp
  • Tract size (445.16 ac → 367.41 ac)+5.9%

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.