Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    89674 State Spur 16F Nenzel, NE 69219

    • Land
    • 1,013.00 lot acres
    For Sale
    View listing
    $4,600,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 89674 State Spur 16F

    Lot size
    1,013.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    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.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nenzel
    County
    Cherry
    State
    Nebraska
    Longitude
    -101.112
    Latitude
    42.8286

    Comparable in this City

    • Value Estimation by Request
      0.31 Acres

      Nenzel, NE 69219

      VACANT COMMERCIAL LAND • 0.31 Acres
      Nenzel, NE 69219
      View Details
    • Value Estimation by Request
      1,794 SF

      103 Main St

      MINI-WAREHOUSE, STORAGE • 1,794 SF
      103 Main St, Nenzel, NE 69219
      View Details
    • Value Estimation by Request
      1,368 SF

      Nenzel, NE 69219

      RETAIL STORES (PERSONAL SERVICES) • 1,368 SF
      Nenzel, NE 69219
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    89674 State Spur 16F
    Nenzel, NE 69219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.