Cibola County, NM · Sold

NM-746979

4850 County Road 124

$194,000

$853/ac · 228 ac

Offer report Market this tract

Acreage228 ac

Price per acre$853/ac

ZoningMixed Use

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedNov 28, 2023

Coordinates34.9279, -108.1463

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,587 ft of deeded road frontage.

Power201 ft away

Power at or near the road.

Buildable area176.39 of 227.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$200,089

$156,566 – $243,612 · $879/ac on 228 ac

Asking vs estimate

-3.0%

In line with the comp set

Weighted from 9 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 $194,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$114,337

$502/ac · +30.0% target margin

You need $79,663 off asking to hit this margin.

All-in cost$124,056

Net resale$184,082

Projected profit$60,026

ROI+48.4%

Annualized+69.2%

Break-even resale$593/ac

Profit if resale lands off target

-20%

$23,210

-10%

$41,618

$60,026

+10%

$78,434

+20%

$96,843

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-987032 Paved · Off grid	236.4	Jul 27, 2026	$215,600	912	921	5.9 mi	85
NM-317195 Paved · Off grid	266.1	Jul 27, 2026	$124,100	467	487	9.9 mi	80
NM-758576 Dirt · Off grid	723.6	Jul 27, 2026	$374,500	518	1,001	8.8 mi	68
NM-818392 Landlocked · Power at road	633.3	Feb 19, 2025	$280,700	443	937	5.1 mi	67
NM-888263 Paved · Off grid	576.8	Jan 24, 2026	$507,600	880	1,181	13.3 mi	67
NM-557511 Dirt · Power at road	334.5	Dec 15, 2024	$198,400	593	825	10.9 mi	67
NM-488638 Gravel · Off grid	756.8	Jul 24, 2026	$317,600	420	708	17.2 mi	65
NM-695842 Dirt · Off grid	99.8	Nov 25, 2025	$84,100	842	953	19.2 mi	64
NM-238683 Dirt · Power at road	781.9	Oct 16, 2024	$420,800	538	973	5.4 mi	59

Show adjustment detail for the top comp

Tract size (236.44 ac → 227.54 ac)+1.1%
Access (Paved → Gravel)-15.3%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV