000 1St St, Naponee, NE 68960
This 81.24-acre property in Franklin County, Nebraska, near Naponee (zip code 68960), presents a unique recreational and investment opportunity. Priced at $299,000 ($3,680.45/acre), it boasts over 10 acres of dense trees and a stream, providing ideal habitat for deer and upland birds. The land features thick native grasses, enhancing wildlife diversity. A current CRP contract ensures an annual payment of $3,801 until September 30, 2034. Conveniently located within six miles of Harlan County Lake and the Republican River, the property offers year-round access via a good gravel road on its east side. The legal description is: Pt. Southeast ¼ Southeast ¼ West of the public road in Section 34, Township 1 North, Range 16 West, Franklin County, Nebraska. This exceptional recreational property is a rare find in the market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.