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Roosevelt County, NM · Sold

NM-222311

7107 County Road 389

$19,700
$2,549/ac · 7.73 ac
Acreage7.73 ac
Price per acre$2,549/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 8, 2026
Coordinates33.9770, -103.3614
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

2 items to verify before you offer.

Risk index
13
Low risk
Wetlands11.2% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

657 ft of deeded road frontage.

Power150 ft away

Power at or near the road.

Buildable area6.52 of 7.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,944
$15,237$22,651 · $2,451/ac on 7.73 ac
Asking vs estimate
+4.0%
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 $19,700
Maximum allowable offer
$10,825
$1,400/ac · +30.0% target margin

You need $8,875 off asking to hit this margin.

All-in cost$11,745
Net resale$17,428
Projected profit$5,683
ROI+48.4%
Annualized+69.3%
Break-even resale$1,652/ac
Profit if resale lands off target
-20%
$2,198
-10%
$3,940
0%
$5,683
+10%
$7,426
+20%
$9,169
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-352355
Gravel · Power at road
8.0Jul 27, 2026$17,3002,1692,57110.2 mi
84
NM-262669
Gravel · Power at road
10.0Jul 27, 2026$16,6001,6551,9948.8 mi
81
NM-702767
Gravel · Power at road
10.8Jul 27, 2026$18,3001,7042,0666.5 mi
81
NM-371571
Gravel · Power at road
4.5Jul 27, 2026$9,9002,1922,5207.2 mi
78
NM-151167
Landlocked · Off grid
3.4Jul 27, 2026$4,7001,4002,7537.6 mi
76
NM-151693
Gravel · Off grid
4.9Feb 14, 2025$7,3001,4802,1312.1 mi
70
NM-821117
Landlocked · Power at road
3.3Jan 9, 2025$4,7001,4312,54510.5 mi
61
NM-483904
Dirt · Full utilities
24.5Jan 2, 2026$38,6001,5752,04415.3 mi
59
NM-453802
Gravel · Off grid
22.8Jun 1, 2024$50,9002,2343,77212.5 mi
53
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+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.