Roosevelt County, NM · Sold

NM-739516

4625 County Road 296

$1,207,900

$845/ac · 1,430 ac

Offer report Market this tract

Acreage1,430 ac

Price per acre$845/ac

ZoningRecreational

Road accessGravel

UtilitiesPower at road

TopographySloped

ListedJun 1, 2024

Coordinates34.0625, -103.3718

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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

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

3 items to verify before you offer.

Risk index

Low risk

Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope14.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power223 ft away

Power at or near the road.

Buildable area1129.98 of 1429.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,110,982

$930,104 – $1,291,860 · $777/ac on 1,430 ac

Asking vs estimate

+8.7%

Priced above the comp set

Weighted from 7 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 $1,207,900

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$634,847

$444/ac · +30.0% target margin

You need $573,053 off asking to hit this margin.

All-in cost$688,809

Net resale$1,022,103

Projected profit$333,294

ROI+48.4%

Annualized+69.2%

Break-even resale$524/ac

Profit if resale lands off target

-20%

$128,874

-10%

$231,084

$333,294

+10%

$435,505

+20%

$537,715

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-709072 Gravel · Off grid	1036.4	Jul 27, 2026	$750,000	724	772	6.3 mi	82
NM-709331 Gravel · Full utilities	1250.3	Jul 2, 2026	$1,257,600	1,006	795	13.0 mi	81
NM-309368 Landlocked · Full utilities	1284.3	May 27, 2025	$806,500	628	769	2.5 mi	77
NM-459925 Paved · Off grid	1922.7	Apr 19, 2026	$1,223,700	636	706	6.5 mi	77
NM-147948 Landlocked · Full utilities	459.1	Jul 27, 2026	$513,100	1,118	952	8.5 mi	73
NM-698360 Paved · Power at road	618.8	Jul 23, 2025	$470,000	760	519	8.2 mi	65
NM-887984 Gravel · Power at road	471.2	Oct 27, 2025	$591,800	1,256	922	13.7 mi	63

Show adjustment detail for the top comp

Tract size (1036.42 ac → 1429.63 ac)-9.6%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV