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Lincoln County, NM · Sold

NM-540959

9127 County Road 368

$3,300
$1,138/ac · 2.90 ac
Acreage2.90 ac
Price per acre$1,138/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJan 24, 2025
Coordinates33.8576, -105.5752
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

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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands1.6% of tract

Little to no mapped wetland coverage.

Average slope15.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

353 ft of deeded road frontage.

Power95 ft away

Power at or near the road.

Buildable area2.28 of 2.90 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,848
$2,973$4,724 · $1,327/ac on 2.90 ac
Asking vs estimate
-14.2%
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 $3,300
Maximum allowable offer
$2,199
$758/ac · +30.0% target margin

You need $1,101 off asking to hit this margin.

All-in cost$2,386
Net resale$3,541
Projected profit$1,155
ROI+48.4%
Annualized+69.3%
Break-even resale$894/ac
Profit if resale lands off target
-20%
$447
-10%
$801
0%
$1,155
+10%
$1,509
+20%
$1,863
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-301117
Gravel · Off grid
3.3Jul 14, 2026$4,1001,2511,48215.2 mi
80
NM-900092
Gravel · Full utilities
1.6Jul 27, 2026$1,6001,0198266.0 mi
77
NM-282314
Gravel · Power at road
7.8Sep 21, 2025$9,4001,2101,3136.6 mi
72
NM-750559
Landlocked · Off grid
2.2Sep 16, 2025$1,8008231,4699.0 mi
71
NM-160377
Dirt · Off grid
1.9Jul 27, 2026$1,6008311,12821.2 mi
70
NM-161890
Gravel · Power at road
5.7May 25, 2025$9,4001,6561,7879.0 mi
68
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%
  • 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.