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Property profile & analytics
OFF-MARKET
Land

89674 State Spur 16F Nenzel, NE 69219

1013 ac lot
Property ID
Property summary
AI-generated overview

Nestled in the heart of Nebraska's Sandhills, this exceptional 1,013± acre property boasts 1.6± miles of Niobrara River frontage. The land offers abundant wildlife, including deer, elk, and turkeys, situated within a Landowner Elk Management Unit and qualifying for landowner deer permits. Four stock tanks support summer grazing for approximately 70 cow-calf pairs. A comfortable brick ranch-style home features a full finished basement. Conveniently located 23± miles from Merritt Reservoir and 37± miles from Valentine, NE, with year-round paved road access. The property also sits three miles from the National Forest boundary, providing access to hiking and other recreational activities. This remarkable property presents a unique opportunity to own a piece of the Nebraska Sandhills, combining recreational pursuits, ranching potential, and comfortable living in a stunning natural setting. The asking price is $4,600,000. Located at 89674 State Spur 16 F, Nenzel, NE 69219.

Property profile
Verified
Property type Land
Lot 1013 ac (44,126,280 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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