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Roosevelt County, NM · Sold

NM-459925

855 County Road 379

$1,221,300
$635/ac · 1,923 ac
Acreage1,923 ac
Price per acre$635/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJun 14, 2025
Coordinates33.9706, -103.3926
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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

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands32.9% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

5,707 ft of deeded road frontage.

Power3,358 ft away

Service extension needed; get a utility quote.

Buildable area1225.59 of 1922.65 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,304,915
$1,112,123$1,497,708 · $679/ac on 1,923 ac
Asking vs estimate
-6.4%
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 $1,221,300
Maximum allowable offer
$745,666
$388/ac · +30.0% target margin

You need $475,634 off asking to hit this margin.

All-in cost$809,048
Net resale$1,200,522
Projected profit$391,475
ROI+48.4%
Annualized+69.2%
Break-even resale$457/ac
Profit if resale lands off target
-20%
$151,370
-10%
$271,422
0%
$391,475
+10%
$511,527
+20%
$631,579
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-709331
Gravel · Full utilities
1250.3Jul 2, 2026$1,257,6001,00672611.0 mi
79
NM-709072
Gravel · Off grid
1036.4Jul 27, 2026$750,0007247057.8 mi
76
NM-739516
Gravel · Power at road
1429.6Jun 6, 2025$1,142,7007997676.5 mi
71
NM-309368
Landlocked · Full utilities
1284.3May 27, 2025$806,5006287038.8 mi
68
NM-698360
Paved · Power at road
618.8Jul 23, 2025$470,0007604741.8 mi
67
Show adjustment detail for the top comp
  • Tract size (1250.32 ac → 1922.65 ac)-12.6%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (1 mo)+0.5%

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.