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Lincoln County, NM · Sold

NM-956740

7419 County Road 251

$122,100
$638/ac · 191 ac
Acreage191 ac
Price per acre$638/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedJan 25, 2025
Coordinates33.8141, -105.5164
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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
34
Moderate risk
Wetlands27.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,398 ft of deeded road frontage.

Power6,410 ft away

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

Buildable area131.44 of 191.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$135,789
$108,114$163,463 · $710/ac on 191 ac
Asking vs estimate
-10.1%
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 $122,100
Maximum allowable offer
$77,593
$405/ac · +30.0% target margin

You need $44,507 off asking to hit this margin.

All-in cost$84,188
Net resale$124,925
Projected profit$40,737
ROI+48.4%
Annualized+69.3%
Break-even resale$478/ac
Profit if resale lands off target
-20%
$15,752
-10%
$28,244
0%
$40,737
+10%
$53,230
+20%
$65,722
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-306565
Paved · Power at road
168.6Nov 3, 2025$218,7001,29793215.3 mi
76
NM-968439
Gravel · Power at road
655.2Jul 27, 2026$313,0004785843.5 mi
72
NM-698120
Gravel · Full utilities
520.0Apr 29, 2026$303,3005835506.7 mi
70
NM-465376
Dirt · Off grid
71.2May 15, 2026$65,5009198418.7 mi
69
NM-818805
Dirt · Off grid
854.1Jul 27, 2026$343,9004037318.8 mi
66
NM-904925
Gravel · Off grid
51.4Jul 19, 2025$40,4007855968.6 mi
62
Show adjustment detail for the top comp
  • Tract size (168.58 ac → 191.36 ac)-3.4%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.3%

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.