NM-161890
969 County Road 286
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Lincoln County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Lincoln market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
559 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $6,713 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-282314 Gravel · Power at road | 7.8 | Sep 21, 2025 | $9,400 | 1,210 | 1,279 | 3.6 mi | 79 |
| NM-301117 Gravel · Off grid | 3.3 | Jul 14, 2026 | $4,100 | 1,251 | 1,444 | 9.2 mi | 77 |
| NM-623069 Gravel · Off grid | 13.4 | Jul 27, 2026 | $15,400 | 1,151 | 1,444 | 3.1 mi | 77 |
| NM-540959 Gravel · Power at road | 2.9 | Dec 4, 2025 | $2,900 | 1,000 | 1,003 | 9.0 mi | 71 |
| NM-160377 Dirt · Off grid | 1.9 | Jul 27, 2026 | $1,600 | 831 | 1,099 | 12.7 mi | 71 |
| NM-750559 Landlocked · Off grid | 2.2 | Sep 16, 2025 | $1,800 | 823 | 1,431 | 2.2 mi | 66 |
Show adjustment detail for the top comp
- Tract size (7.75 ac → 5.7 ac)+1.8%
- Market time (11 mo)+3.8%
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.