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Roosevelt County, NM · Sold

NM-698360

2009 County Road 66

$503,200
$813/ac · 619 ac
Acreage619 ac
Price per acre$813/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedJun 10, 2024
Coordinates33.9450, -103.3869
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope2.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power216 ft away

Power at or near the road.

Buildable area564.91 of 618.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$767,994
$679,616$856,371 · $1,241/ac on 619 ac
Asking vs estimate
-34.5%
Priced below the comp set

Weighted from 10 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 $503,200
Maximum allowable offer
$438,853
$709/ac · +30.0% target margin

You need $64,347 off asking to hit this margin.

All-in cost$476,156
Net resale$706,554
Projected profit$230,399
ROI+48.4%
Annualized+69.3%
Break-even resale$836/ac
Profit if resale lands off target
-20%
$89,088
-10%
$159,743
0%
$230,399
+10%
$301,054
+20%
$371,709
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-147948
Landlocked · Full utilities
459.1Jul 27, 2026$513,1001,1181,4565.1 mi
80
NM-709072
Gravel · Off grid
1036.4Jul 27, 2026$750,0007241,1809.4 mi
74
NM-437405
Dirt · Power at road
309.8Apr 13, 2026$350,6001,1321,28113.8 mi
73
NM-887984
Gravel · Power at road
471.2Oct 27, 2025$591,8001,2561,41012.9 mi
73
NM-459925
Paved · Off grid
1922.7Apr 19, 2026$1,223,7006361,0801.8 mi
72
NM-709331
Gravel · Full utilities
1250.3Jul 2, 2026$1,257,6001,0061,21511.7 mi
70
NM-567742
Gravel · Off grid
395.5Jun 30, 2025$298,4007559599.5 mi
67
NM-217150
Gravel · Full utilities
257.5Jun 8, 2026$455,5001,7691,32915.7 mi
65
NM-739516
Gravel · Power at road
1429.6Jun 6, 2025$1,142,7007991,2848.2 mi
64
NM-309368
Landlocked · Full utilities
1284.3May 27, 2025$806,5006281,17710.5 mi
62
Show adjustment detail for the top comp
  • Tract size (459.1 ac → 618.77 ac)-8.6%
  • Access (Landlocked → Paved)+73.5%
  • 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.