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Otoe County Recreational Farmland Retreat
For Sale
$2,800,000

1287 D Road, Palmyra, NE 68418

285 acres with tillable land, lake, outbuildings, and recreational opportunities.

Property Size285 SF
Price / SF$9,824
Days on Market339

Property Features for 1287 D Road

General Information

Standard status Active
Size 285 SF
Property subtype Land
Listing Agency:
Listed By: Ryan Schroeter
Source: Nationalland
Added: Sep 25, 2025 Changed: Aug 26 Last Checked: Aug 29 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ryan Schroeter

Investment Insights

Based on property information with market context.

This 285 +/- acre property in Otoe County, Nebraska, offers a combination of income-producing farmland, recreational opportunities, and valuable improvements. It features 174 +/- tillable acres currently cash rented for the 2025 farming season. A 60 x 40 metal outbuilding includes concrete floors, electricity, two radiant heaters, and two large overhead doors. Additional structures include a 32 x 28 garage, older outbuildings for storage, and a 10,000 +/- bushel grain bin. The 38 +/- acre NRD lake is suited for year-round recreation, including boating, kayaking, canoeing, and fishing for bass and crappie. A pit blind with underground electric and well is strategically located on the northeast side of the lake for waterfowl hunting. The property also provides opportunities for whitetail deer and turkey hunting. This property is a year-round recreational retreat with the added benefit of steady farm rental income.

Key Highlights

  • 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).

Property Analytics

Current Use

Recreation land

Location Intelligence

Trade Area within ½ mile

Demographics for 68418, NE

1,220
Population
534
Households
2.3
Avg Household Size
39
Median Age
20%
College-Educated
95%
High-School Grad
68.6 sq mi
ZIP Area
18
Density / Sq Mi
$83,365
Median Household Income
$51,116
Median Earnings
$1,275
Median Rent
$198,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Farm - 285 acres with tillable land, lake, outbuildings, and recreational opportunities.
Where is this farm located?
The property is located at 1287 D Road Palmyra, NE.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 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).
More about this property
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