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Cibola County, NM · Sold

NM-959724

5006 County Road 351

$414,800
$250/ac · 1,662 ac
Acreage1,662 ac
Price per acre$250/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedNov 23, 2024
Coordinates34.9807, -107.8285
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Cibola County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Cibola market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands1.9% of tract

Little to no mapped wetland coverage.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,278 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1549.01 of 1662.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$468,756
$364,667$572,845 · $282/ac on 1,662 ac
Asking vs estimate
-11.5%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $414,800
Maximum allowable offer
$267,861
$161/ac · +30.0% target margin

You need $146,939 off asking to hit this margin.

All-in cost$290,629
Net resale$431,255
Projected profit$140,626
ROI+48.4%
Annualized+69.2%
Break-even resale$190/ac
Profit if resale lands off target
-20%
$54,375
-10%
$97,501
0%
$140,626
+10%
$183,752
+20%
$226,877
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-488638
Gravel · Off grid
756.8Jul 24, 2026$317,6004202241.7 mi
78
NM-758576
Dirt · Off grid
723.6Jul 27, 2026$374,50051831714.9 mi
69
NM-699965
Paved · Off grid
1979.2Dec 15, 2024$567,60028718714.8 mi
68
NM-888263
Paved · Off grid
576.8Jan 24, 2026$507,60088037415.0 mi
67
NM-818392
Landlocked · Power at road
633.3Feb 19, 2025$280,70044329713.4 mi
64
NM-238683
Dirt · Power at road
781.9Oct 16, 2024$420,80053830813.1 mi
58
Show adjustment detail for the top comp
  • Tract size (756.82 ac → 1662.12 ac)-21.7%
  • Access (Gravel → Landlocked)-32.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.