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    Terraced Farmland with Highway Frontage Title is generated by Realmo AI

    South Hwy 66A, Palmyra, NE 68418

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    Claim this Listing
    For Sale
    Under Contract
    $730,000

    LAND - Palmyra, NE

    Lot size:
    73.22 Acres
    Added:
    Apr 9, 2025
    Days on Market:
    457
    Last Refresh:
    Jul 9 at 11:06 am

    Property Features for South Hwy 66A

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    73.22 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2905

    We can help!

    Contact an agent
    Robert Osborne
    Robert Osborne

    Listing agent Robert Osborne

    Listing office American Legacy Land Company 17117 Burt St., Omaha, NE

    Listing date Apr 9, 2025

    MLS# 11484738 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.

    HighLights

    • 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
    • Terraced ground with drain tile in place; input costs in place and property will be planted this year in corn

    Overview

    The offering is 73.22 acres of gently rolling dry farm ground in Otoe County, Nebraska. The land is described as having predominantly Pawnee Clay Loam and Wymore Silty Clay, with 4 to 8% slopes. Naturally low areas include wide stands of grasses that help reduce erosion potential, and the property is terraced with drain tile in place. The ground is stated to be 95% farmable, with a small portion classified as waste.

    The property borders State Highway 66A on the east side. It is located 5.4 miles south of Palmyra, Nebraska, and is described as approximately 20 minutes southeast of South Lincoln. Electrical service is supported at the property line, and rural water service is available. The land has been used in a corn and soybean rotation.

    For buyers looking to add acreage to an existing farming operation or to hold land for a future build/acreage site, this parcel provides a largely farmable configuration with existing water and power at the site line. Drain tile and terracing are in place, supporting productive ground management, and the current owner indicates a willingness to pay a cash rent amount after harvest to the new owners. The legal description is 27-8-9 S1/2NE1/4 LESS 5AC TRACT & HWY ROW 1.78AC 73.22 AC SOUTH.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Palmyra
    County
    Otoe
    State
    Nebraska
    Longitude
    -96.389935
    Latitude
    40.704282

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Gently rolling, terraced dry farm ground with utilities at the property line along State Highway 66A.
    Where is this agricultural land / farmland located?
    The property is located at South Hwy 66A Palmyra, NE.
    What is the asking price?
    The asking price for this property is $730,000.
    What are key features of this property?
    This property features: 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
    More about this property
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