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    Rural Arapahoe Lexington, NE 68850

    • Land
    • 172.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Rural Arapahoe

    Lot size
    172.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 172-acre property in Furnas County, Nebraska, near Arapahoe, presents a unique investment opportunity. The land boasts 59.37 acres of high-quality dryland cropland, ideal for farming, divided into two convenient fields. An additional 105 acres of fenced pastureland, complete with a windmill and a stock pond, provide ample space for livestock. The remaining acreage offers excellent wildlife habitat, attracting deer, pheasant, and quail, making it a sportsman's paradise. Convenient access is ensured via a major county road. Data on acreage is sourced from the Furnas County Farm Service Agency. An aerial map is available for review. This property combines agricultural potential with recreational opportunities, making it a versatile and attractive investment. The asking price is $500,000. The property's zip code is 68850.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Furnas
    State
    Nebraska
    Longitude
    -99.7679
    Latitude
    40.7461

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    Rural Arapahoe
    Lexington, NE 68850
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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
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