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Roosevelt County, NM · Sold

NM-352355

1175 County Road 111

$16,600
$2,078/ac · 7.99 ac
Acreage7.99 ac
Price per acre$2,078/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedJun 3, 2026
Coordinates34.1091, -103.4392
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

Roosevelt County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Roosevelt market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
14
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope5.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power20 ft away

Power at or near the road.

Buildable area7.17 of 7.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,659
$13,302$20,015 · $2,085/ac on 7.99 ac
Asking vs estimate
-0.4%
In line with the comp set

Weighted from 9 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 $16,600
Maximum allowable offer
$9,519
$1,191/ac · +30.0% target margin

You need $7,081 off asking to hit this margin.

All-in cost$10,328
Net resale$15,326
Projected profit$4,998
ROI+48.4%
Annualized+69.3%
Break-even resale$1,405/ac
Profit if resale lands off target
-20%
$1,933
-10%
$3,465
0%
$4,998
+10%
$6,530
+20%
$8,063
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-262669
Gravel · Power at road
10.0Jul 27, 2026$16,6001,6551,6865.0 mi
91
NM-702767
Gravel · Power at road
10.8Jul 27, 2026$18,3001,7041,7474.1 mi
86
NM-222311
Paved · Power at road
7.7Jul 27, 2026$21,2002,7422,32410.2 mi
84
NM-371571
Gravel · Power at road
4.5Jul 27, 2026$9,9002,1922,13112.4 mi
81
NM-151167
Landlocked · Off grid
3.4Jul 27, 2026$4,7001,4002,3286.4 mi
72
NM-483904
Dirt · Full utilities
24.5Jan 2, 2026$38,6001,5751,7296.6 mi
68
NM-151693
Gravel · Off grid
4.9Feb 14, 2025$7,3001,4801,80210.1 mi
67
NM-821117
Landlocked · Power at road
3.3Jan 9, 2025$4,7001,4312,15213.9 mi
59
NM-453802
Gravel · Off grid
22.8Jun 1, 2024$50,9002,2343,19010.9 mi
57
Show adjustment detail for the top comp
  • Tract size (10.02 ac → 7.99 ac)+1.7%

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.