Comparable sales & offer analysis
Parcel NE-908183
Morrill County, NE · 394 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,004,000
Adjusted value
$836,329
Value range
$645,581–$1,027,078
Comp $/acre
$2,122/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.0% versus the adjusted value.
Offer position
Max allowable offer
$477,902
Offer $/acre
$1,212/ac
Projected profit
$250,899
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NE-438191 | 396.4 | Jul 27, 2026 | $890,800 | 2,247 | 1,859 | 86 |
| NE-528371 | 451.7 | Jul 27, 2026 | $672,000 | 1,488 | 2,136 | 81 |
| NE-308812 | 621.7 | Jan 12, 2026 | $1,237,800 | 1,991 | 1,929 | 78 |
| NE-889300 | 885.3 | Sep 12, 2025 | $1,650,000 | 1,864 | 2,895 | 70 |
| NE-478782 | 608.3 | Nov 7, 2024 | $1,445,800 | 2,377 | 2,917 | 68 |
| NE-739033 | 729.6 | Nov 17, 2025 | $965,600 | 1,323 | 1,945 | 68 |
| NE-546817 | 146.5 | Oct 3, 2024 | $310,300 | 2,117 | 2,372 | 61 |
| NE-379505 | 1027.0 | Apr 24, 2025 | $731,400 | 712 | 1,488 | 61 |
| NE-146825 | 147.4 | Sep 16, 2024 | $313,800 | 2,129 | 1,483 | 57 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.