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Lincoln County, NM · Sold

NM-904925

3345 County Road 399

$38,800
$755/ac · 51.38 ac
Acreage51.38 ac
Price per acre$755/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedNov 29, 2024
Coordinates33.7001, -105.5759
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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

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?

Due diligence

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands16.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,717 ft of deeded road frontage.

Power12,542 ft away

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

Buildable area41.00 of 51.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,169
$46,489$59,850 · $1,035/ac on 51.38 ac
Asking vs estimate
-27.0%
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 $38,800
Maximum allowable offer
$30,382
$591/ac · +30.0% target margin

You need $8,418 off asking to hit this margin.

All-in cost$32,964
Net resale$48,916
Projected profit$15,951
ROI+48.4%
Annualized+69.3%
Break-even resale$697/ac
Profit if resale lands off target
-20%
$6,168
-10%
$11,060
0%
$15,951
+10%
$20,843
+20%
$25,734
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-465376
Dirt · Off grid
71.2May 15, 2026$65,5009191,1581.5 mi
82
NM-174231
Gravel · Power at road
31.1Jul 27, 2026$37,1001,1959298.5 mi
82
NM-623069
Gravel · Off grid
13.4Jul 27, 2026$15,4001,15194312.2 mi
68
NM-956740
Gravel · Off grid
191.4Feb 16, 2026$130,6006839608.6 mi
66
NM-813652
Dirt · Full utilities
20.4Oct 25, 2025$27,3001,33595911.8 mi
62
NM-306565
Paved · Power at road
168.6Nov 3, 2025$218,7001,2971,28414.4 mi
58
Show adjustment detail for the top comp
  • Tract size (71.24 ac → 51.38 ac)+7.2%
  • Access (Dirt → Gravel)+16.3%
  • Market time (3 mo)+1.1%

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.