Comparable sales & offer analysis
Parcel NE-908183
Morrill County, NE · 394 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,004,000
Adjusted value
$831,722
Value range
$642,156–$1,021,288
Comp $/acre
$2,110/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +20.7% versus the adjusted value.
Offer position
Max allowable offer
$475,270
Offer $/acre
$1,206/ac
Projected profit
$249,517
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 | 1,849 | 88 |
| NE-528371 | 451.7 | Jul 27, 2026 | $672,000 | 1,488 | 2,125 | 82 |
| NE-308812 | 621.7 | Jan 12, 2026 | $1,237,800 | 1,991 | 1,919 | 79 |
| NE-889300 | 885.3 | Sep 12, 2025 | $1,650,000 | 1,864 | 2,880 | 71 |
| NE-739033 | 729.6 | Nov 17, 2025 | $965,600 | 1,323 | 1,935 | 69 |
| NE-478782 | 608.3 | Nov 7, 2024 | $1,445,800 | 2,377 | 2,902 | 68 |
| NE-546817 | 146.5 | Oct 3, 2024 | $310,300 | 2,117 | 2,360 | 62 |
| NE-379505 | 1027.0 | Apr 24, 2025 | $731,400 | 712 | 1,480 | 62 |
| NE-146825 | 147.4 | Sep 16, 2024 | $313,800 | 2,129 | 1,475 | 58 |
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.