Agricultural

Palmyra, NE Agricultural Land / Farmland for Sale

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Bennet, NE Elmwood, NE Lincoln, NE Adams, NE Walton, NE Syracuse, NE Hickman, NE Roca, NE
Terraced Farmland with Highway Frontage
Updated: Apr 9, 2025
Terraced Farmland with Highway Frontage

South Hwy 66A, Palmyra, NE 68418

$730,000
73.22 AC lot
73 +/- acres of gently rolling farm ground in Otoe County, NE, located about 5.4 miles south of Palmyra
Borders State Highway 66A on the east side and is about 20 minutes southeast of South Lincoln
95% farmable with only 3.38 acres of waste; ready for corn and soybean rotation
Dry farm with electrical service at the property line and rural water service
Predominantly Pawnee clay loam and Wymore silty clay soils with 4 to 8% slopes; naturally low areas with wide grass stands
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Otoe County Recreational Farmland Retreat
Updated: Sep 25, 2025
Otoe County Recreational Farmland Retreat

1287 D Road, Palmyra, NE 68418

$2,800,000
285 sqft
174 +/- tillable acres providing guaranteed cash rental income for the 2025 farming season.
Enjoy year‑round recreational activities such as boating and fishing on the 38 +/- acre NRD lake.
Excellent hunting opportunities for Whitetail deer, Turkey, and Waterfowl (pit blind with underground electric & well).
Large 60 x 40 metal outbuilding with concrete floors, electricity, radiant heaters, and overhead doors.
Additional storage capacity with a 32 x 28 garage, older outbuildings, and a 10,000 +/- bushel grain bin.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Palmyra, NE, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Level Corner Farmland Tract
Level Corner Farmland Tract

Old Cheney Road, Walton, NE 68462

$1,147,500
76.50 AC lot

76.5+/- acres of highly level farmland at a corner location with hard-surfaced road access.

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Agricultural Land Tract with Development Flexibility
Agricultural Land Tract with Development Flexibility

Lefler Lane, Louisville, NE 68037

$1,440,000
48.00 AC lot

48+/- acres of productive farm ground with an existing tenant through the 2026 growing season and future flexibility.

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Contiguous Development Farmland
Contiguous Development Farmland

E Lincoln Beltway, Walton, NE 68461

$4,895,000
140.00 AC lot

140+/- acres offered as seven contiguous parcels, currently farmed through the 2026 crop season with extensive road frontage.

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Rural Acreage with Build Potential
Rural Acreage with Build Potential

156th and Church Road lot: 11, Louisville, NE 68037

$479,000
21.84 AC lot

21.84-acre parcel with rolling hills and open ground, currently in farmland production and less than a mile off paved roads.

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Palmyra, NE Agricultural Land / Farmland Market Trends and Statistics

Explore 2 agricultural land / farmland for sale in Palmyra, NE on our real estate platform. These investment opportunities span a total of 3,189,748 square feet of properties for sale, with an estimated market value of $3,530,000.

Sale prices for farmlands in Palmyra, NE start at $730,000, averaging $1,765,000, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,201
Population Growth (5Y) +4.3%
Median Household Income $83,365
College Educated 24.4%

High-Yield Neighborhoods for Investment

Identify Palmyra submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
68418 $2.8M

Taxes & Financing

Tax Rate (average for all types) 1.85%
Property Tax per SF $26.22 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Otoe County

New Delisted

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