Dryland Farm With Drain
For Sale
Under Contract
$730,000
South Hwy 66A, Palmyra, NE 68418
Land, Palmyra, NE
Property SizeContact for details
Lot Size73.22 Acres
Days on Market508
Property Features for South Hwy 66A
General Information
Property type
Land
Property subtype
Other
Directions
From Syracuse, NE head West on HWY 2 to Palmyra, NE and turn left onto South 8th Road. Head South on South 8th Road for 5.4 miles, property is located on the West side of South 8th Road.
Standard status
Active Under Contract
Lot size
73.22 Acres
Taxes and HOA fees
Tax Annual Amount
2905
Listing Agency:
American Legacy Land Company
(308) 991-9544
Listed By:
Robert Osborne
(308) 991-9544
Added: Apr 9, 2025
Changed: Aug 25
Last Checked: Aug 29 at 12:06PM
MLS# 11484738
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.
Investment Insights
Based on property information with market context.
This 73.22-acre agricultural property in Otoe County consists of dryland farm ground with gently rolling terrain and 4 to 8% slopes. The land has supported corn and soybean rotation and includes terraces, drain tile, and grass-covered low areas that help manage erosion. Predominant soils are Pawnee Clay Loam and Wymore Silty Clay.
State Highway 66A borders the property along its east side. The tract is 5.4 miles south of Palmyra and approximately 20 minutes southeast of south Lincoln. Electrical service is available at the property line, and rural water service is present. The legal description identifies the parcel as the south portion of the S1/2NE1/4 in Section 27-8-9, subject to the stated tract and highway right-of-way exclusions.
State Highway 66A borders the property along its east side. The tract is 5.4 miles south of Palmyra and approximately 20 minutes southeast of south Lincoln. Electrical service is available at the property line, and rural water service is present. The legal description identifies the parcel as the south portion of the S1/2NE1/4 in Section 27-8-9, subject to the stated tract and highway right-of-way exclusions.
Key Highlights
- 73.22 acres of dryland agricultural ground in Otoe County
- Corn and soybean rotation with the property planted in corn for the current year
- Terracing and drain tile are in place
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - Agricultural acreage with terracing, drain tile, rural water, and electrical service at the property line.
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: 73.22 acres of dryland agricultural ground in Otoe County; Corn and soybean rotation with the property planted in corn for the current year; Terracing and drain tile are in place
