NEW LOWER RESERVE PRICE of ONLY $5M! AUCTION: BIDDING NOW OPENS 4/4 - 4/19. RESERVE $5M. Showings by Appointment. In the heart of Broken Bow lies an incredible opportunity to develop: 239 acres of land surrounded by dense forests of hardwood trees and a 5-acre lake. 1301 Red Adler Road is a private, secluded development. The gated entry is at the end of a public road providing the community with no through traffic. While secluded in a heavily forested area, 1301 Red Adler Road has been cleared to feature 169 platted lots. The development has cut streets featuring multiple cul-de-sacs and roundabouts. A 5-acre lake surrounded by huge hardwood trees makes for an overall beautiful, safe and quiet place for your next development. This project is ready to hit the ground running with the ability to offer individual lot sales and new home construction immediately upon closing.