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Lincoln County, NM · Sold

NM-698120

4064 County Road 353

$319,900
$615/ac · 520 ac
Acreage520 ac
Price per acre$615/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedApr 1, 2025
Coordinates33.8019, -105.4013
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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

No material red flags on the mapped layers.

Risk index
1
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,411 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area487.60 of 520.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$390,580
$324,556$456,603 · $751/ac on 520 ac
Asking vs estimate
-18.1%
Priced below the comp set

Weighted from 5 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 $319,900
Maximum allowable offer
$223,188
$429/ac · +30.0% target margin

You need $96,712 off asking to hit this margin.

All-in cost$242,159
Net resale$359,333
Projected profit$117,174
ROI+48.4%
Annualized+69.3%
Break-even resale$506/ac
Profit if resale lands off target
-20%
$45,308
-10%
$81,241
0%
$117,174
+10%
$153,108
+20%
$189,041
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-968439
Gravel · Power at road
655.2Jul 27, 2026$313,0004786275.6 mi
84
NM-818805
Dirt · Off grid
854.1Jul 27, 2026$343,9004037847.8 mi
76
NM-909665
Dirt · Power at road
1592.6Apr 22, 2026$512,10032265311.1 mi
69
NM-956740
Gravel · Off grid
191.4Feb 16, 2026$130,6006837486.7 mi
69
NM-306565
Paved · Power at road
168.6Nov 3, 2025$218,7001,2971,00011.0 mi
60
Show adjustment detail for the top comp
  • Tract size (655.22 ac → 520.02 ac)+7.3%
  • Utilities (Power at road → Full utilities)+22.0%

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.