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    0000 Hwy South, Unit 66A Palmyra, NE 68418

    For Sale
    $925,000

    Vacant Land - Palmyra, NE

    Lot size:
    73.22 Acres
    Days on Market:
    222
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 0000 Hwy South

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    004120500
    Parking features
    Garage
    Lot size
    73.22 Acres

    Building Details

    Architectural style
    Other

    American Legacy Land Company (308) 991-9544

    Listing agent Robert Osborne (308) 991-9544

    Listing date Apr 28, 2025

    MLS# 11484738 Listing URL

    Copyright © 2025 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

    Farmland Near South Lincoln

    Located approximately 20 minutes southeast of south Lincoln, this property features 73 +/- acres of gently rolling farmland in Otoe County, NE. Situated 5.4 miles south of Palmyra, NE, the property borders State Highway 66A on the east side. Electrical service is available at the property line, along with rural water service. The land, currently a dry farm, has been used for corn and soybean rotation. The soil composition is predominantly Pawnee Clay Loam and Wymore Silty Clay with 4 to 8% slopes. Natural low areas feature wide stands of grasses to reduce erosion. Terraces and drain tile are in place. Approximately 95% of the property, or 73 +/- acres, is farmable, with only 3.38 acres considered waste. The property will be planted in corn this year. Legal Description: 27-8-9 S1/2NE1/4 LESS 5AC TRACT & HWY ROW 1.78AC 73.22 AC SOUTH.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Palmyra
    County
    Otoe
    State
    Nebraska
    Longitude
    -96.389935
    Latitude
    40.704282

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    FAQs

    What type of property is this?
    Farm - 73 +/- acres of gently rolling farm ground.
    Where is this farm located?
    The property is located at 0000 Hwy South, Unit 66A Palmyra, NE.
    What is the asking price?
    The asking price for this property is $925,000.
    What are key features of this property?
    This property features: - 73 +/- acres of gently rolling, highly farmable land (95%) suitable for expanding an existing operation or building a new acreage.; - Conveniently located just 20 minutes southeast of South Lincoln and 5.4 miles south of Palmyra, NE, with direct access to State Highway 66A.; - Includes essential utilities: electrical service at the property line and rural water service.
    (308) 991-9544
    Request Owner's contact information
    0000 Hwy South, Unit 66A Palmyra, NE 68418
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    Realmo Value Estimation

    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.

    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.

    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
    0000 Hwy South, Unit 66A Palmyra, NE 68418
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