Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    00 11th RD Archer, NE 68816

    View on Map
    Claim this Listing
    For Sale
    $2,723,150

    Vacant Land - Archer, NE

    Lot size:
    375.00 Acres
    Added:
    Nov 7, 2025
    Days on Market:
    161
    Last Refresh:
    Apr 17 at 4:06 am

    Property Features for 00 11th RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    300
    Parking features
    Garage
    Standard status
    Active
    Lot size
    375.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    14069

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeff Moon
    Jeff Moon

    Listing agent Jeff Moon

    Listing office AgWest Land Brokers 415 West 4th Ave, Holdrege, NE

    Listing date Nov 7, 2025

    MLS# 11613009 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nebraska Farmland with Irrigation Systems

    Two tracts of farmland near Archer, Nebraska, are available for purchase, suitable for expanding an agricultural operation or investment. Tract 1 consists of approximately 119.75 acres, featuring a corner-arm center pivot and a reliable water supply. According to the assessor, the tract includes approximately 110.48 irrigated acres, 6.41 grassland acres, and 2.86 other acres. Irrigation is supported by five wells, drilled between 1951 and 2014, with pumping levels ranging from 35 to 38 feet and well depths from 40 to 41 feet. A 2017 6-Tower Valley center pivot with corner arm is in place. Tract 1 has 111.32 certified irrigated acres and is located in the Central Platte NRD. Tract 2 comprises approximately 255.14 acres, with primarily center-pivot irrigated cropland and a small portion of gravity-irrigated ground. The assessor data indicates approximately 206.04 irrigated acres, 10.08 dryland acres, 36.27 grassland acres, and 2.75 other acres. Seven irrigation wells, drilled between 1922 and 1999, supply water, with pumping levels from 28 to 35 feet and well depths from 35 to 41 feet. Irrigation equipment includes a 7-Tower Valley center pivot with corner arm set up for 1,000 GPM (installed 4 years ago) and a 2013 6-Tower Valley center pivot set up for 425 GPM. Tract 2 has 218.50 certified irrigated acres and is located in the Central Platte NRD. Prairie Creek borders the south end of Tract 2, offering habitat and potential for hunting. Tracts 1 and 2 are adjacent and can be combined. Both properties are equipped with newer irrigation systems. The FSA information for both tracts indicates 343.58 total cropland acres, with 292.53 base acres for corn (117 PLC Yield) and 31.41 base acres for soybeans (42 PLC Yield), totaling 323.94 base acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Archer
    County
    Merrick
    State
    Nebraska
    Longitude
    -98.092555
    Latitude
    41.22147

    FAQs

    What type of property is this?
    Farm - Two tracts of land near Archer, NE, with updated irrigation.
    Where is this farm located?
    The property is located at 00 11th RD Archer, NE.
    What is the asking price?
    The asking price for this property is $2,723,150.
    What are key features of this property?
    This property features: Turn‑key farms feature newer irrigation systems for optimal productivity.; Significant irrigated acreage: Tract 1 offers 110.48+/- acres, Tract 2 boasts 206.04+/- acres.; Reliable water supply with multiple irrigation wells: Tract 1 has 5 wells, Tract 2 has 7 wells.
    (308) 995-8067
    We can help!
    Listing Contact
    Jeff Moon
    Jeff Moon
    Real Estate License ID: 20171092
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!