NM-887984
175 County Road 400
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $269,206 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-147948 Landlocked · Full utilities | 459.1 | Jul 27, 2026 | $513,100 | 1,118 | 1,340 | 7.8 mi | 84 |
| NM-437405 Dirt · Power at road | 309.8 | Apr 13, 2026 | $350,600 | 1,132 | 1,179 | 4.0 mi | 78 |
| NM-567742 Gravel · Off grid | 395.5 | Jun 30, 2025 | $298,400 | 755 | 882 | 5.6 mi | 77 |
| NM-709331 Gravel · Full utilities | 1250.3 | Jul 2, 2026 | $1,257,600 | 1,006 | 1,119 | 1.2 mi | 76 |
| NM-217150 Gravel · Full utilities | 257.5 | Jun 8, 2026 | $455,500 | 1,769 | 1,223 | 8.5 mi | 75 |
| NM-709072 Gravel · Off grid | 1036.4 | Jul 27, 2026 | $750,000 | 724 | 1,086 | 7.6 mi | 74 |
| NM-698360 Paved · Power at road | 618.8 | Jul 23, 2025 | $470,000 | 760 | 730 | 12.9 mi | 71 |
| NM-796752 Gravel · Full utilities | 193.0 | Oct 18, 2025 | $466,900 | 2,419 | 1,583 | 3.7 mi | 69 |
| NM-739516 Gravel · Power at road | 1429.6 | Jun 6, 2025 | $1,142,700 | 799 | 1,182 | 13.7 mi | 61 |
| NM-266780 Landlocked · Off grid | 197.0 | Jun 22, 2024 | $109,300 | 555 | 812 | 5.5 mi | 60 |
Show adjustment detail for the top comp
- Tract size (459.1 ac → 471.23 ac)-0.8%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Full utilities → Power at road)-18.0%
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.