Comparable sales & offer analysis
Parcel NE-379505
Morrill County, NE · 1,027 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$779,700
Adjusted value
$1,215,537
Value range
$984,731–$1,446,342
Comp $/acre
$1,184/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.9% versus the adjusted value.
Offer position
Max allowable offer
$694,592
Offer $/acre
$676/ac
Projected profit
$364,661
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-889300 | 885.3 | Sep 12, 2025 | $1,650,000 | 1,864 | 1,470 | 75 |
| NE-739033 | 729.6 | Nov 17, 2025 | $965,600 | 1,323 | 988 | 75 |
| NE-308812 | 621.7 | Jan 12, 2026 | $1,237,800 | 1,991 | 979 | 73 |
| NE-528371 | 451.7 | Jul 27, 2026 | $672,000 | 1,488 | 1,085 | 72 |
| NE-438191 | 396.4 | Jul 27, 2026 | $890,800 | 2,247 | 944 | 66 |
| NE-478782 | 608.3 | Nov 7, 2024 | $1,445,800 | 2,377 | 1,481 | 64 |
| NE-908183 | 394.1 | Jul 3, 2025 | $1,018,100 | 2,583 | 1,380 | 62 |
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.