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    Property profile & analytics

    Old Cheney Rd Milford, NE 68405

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

    Current Use by Public Records

    • Land

    Property Details for 0 Old Cheney Rd

    Lot size
    154.93 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 154.93-acre farm presents a compelling investment opportunity in Seward County, Nebraska. Strategically located just east of Milford, this property boasts a desirable blend of productive row-crop land and fertile hay ground. The expansive acreage offers significant potential for increased agricultural output, with opportunities for irrigation expansion to further enhance yields. Beyond its agricultural capabilities, the property's location and size also present possibilities for future development, including residential expansion. The property is conveniently situated on Old Cheney Road, providing easy access to Milford and surrounding areas. The asking price for this highly productive and versatile farmland is $1,470,000. Detailed information regarding soil composition, historical yields, and potential development options is available upon request. This is a rare chance to acquire a substantial and well-situated farm in a thriving agricultural region. Don't miss this opportunity to own a piece of productive Nebraska farmland. The property's zip code is 68405.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Seward
    State
    Nebraska
    Longitude
    -97.0127
    Latitude
    40.7603

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

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    • Value Estimation by Request
      0.02 Acres

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      VACANT COMMERCIAL LAND • 0.02 Acres
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    • Value Estimation by Request
      0.09 Acres

      505 1st St

      VACANT COMMERCIAL LAND • 0.09 Acres
      505 1st St, Milford, NE 68405-9701
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    • Value Estimation by Request
      0.06 Acres

      Milford, NE 68405

      VACANT COMMERCIAL LAND • 0.06 Acres
      Milford, NE 68405
      View Details
    • Value Estimation by Request
      0.03 Acres

      Milford, NE 68405

      VACANT COMMERCIAL LAND • 0.03 Acres
      Milford, NE 68405
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    • Value Estimation by Request
      0.08 Acres

      Milford, NE 68405

      VACANT COMMERCIAL LAND • 0.08 Acres
      Milford, NE 68405
      View Details

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    Old Cheney Rd
    Milford, NE 68405
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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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