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Lea County, NM · Sold

NM-131866

5221 County Road 86

$6,700
$1,196/ac · 5.60 ac
Acreage5.60 ac
Price per acre$1,196/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedDec 10, 2024
Coordinates32.6976, -103.5521
Loading terrain…
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

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

View Lea market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands18.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

218 ft of deeded road frontage.

Power140 ft away

Power at or near the road.

Buildable area4.33 of 5.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,682
$8,346$11,017 · $1,729/ac on 5.60 ac
Asking vs estimate
-30.8%
Priced below the comp set

Weighted from 8 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 $6,700
Maximum allowable offer
$5,532
$988/ac · +30.0% target margin

You need $1,168 off asking to hit this margin.

All-in cost$6,002
Net resale$8,907
Projected profit$2,905
ROI+48.4%
Annualized+69.3%
Break-even resale$1,165/ac
Profit if resale lands off target
-20%
$1,124
-10%
$2,014
0%
$2,905
+10%
$3,796
+20%
$4,686
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-361852
Dirt · Power at road
5.5Jul 12, 2026$8,0001,4361,6767.1 mi
87
NM-462991
Dirt · Power at road
12.7Jul 27, 2026$18,5001,4601,8029.9 mi
77
NM-171901
Dirt · Power at road
5.8Apr 7, 2024$9,1001,5742,01416.3 mi
73
NM-811756
Paved · Full utilities
5.2Dec 18, 2024$9,5001,8331,35719.2 mi
71
NM-590864
Gravel · Off grid
2.7Dec 28, 2025$3,5001,2891,51516.5 mi
66
NM-543236
Gravel · Off grid
15.1Oct 12, 2025$23,5001,5512,03910.1 mi
64
NM-963194
Gravel · Off grid
14.7Jul 22, 2025$21,5001,4651,93611.6 mi
62
NM-673568
Landlocked · Off grid
19.2Jan 17, 2026$14,5007551,48416.2 mi
58
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Market time (1 mo)+0.4%

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.