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Roosevelt County, NM · Sold

NM-151167

8671 County Road 275

$5,400
$1,598/ac · 3.38 ac
Acreage3.38 ac
Price per acre$1,598/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedFeb 9, 2026
Coordinates34.0239, -103.4808
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
29
Low risk
Wetlands2.7% of tract

Little to no mapped wetland coverage.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,512 ft away

Service extension needed; get a utility quote.

Buildable area3.12 of 3.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,091
$3,620$4,562 · $1,210/ac on 3.38 ac
Asking vs estimate
+32.0%
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 $5,400
Maximum allowable offer
$2,338
$692/ac · +30.0% target margin

You need $3,062 off asking to hit this margin.

All-in cost$2,537
Net resale$3,764
Projected profit$1,227
ROI+48.4%
Annualized+69.2%
Break-even resale$816/ac
Profit if resale lands off target
-20%
$474
-10%
$851
0%
$1,227
+10%
$1,603
+20%
$1,980
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-371571
Gravel · Power at road
4.5Jul 27, 2026$9,9002,1921,2846.4 mi
80
NM-821117
Landlocked · Power at road
3.3Jan 9, 2025$4,7001,4311,2977.5 mi
77
NM-222311
Paved · Power at road
7.7Jul 27, 2026$21,2002,7421,4007.6 mi
76
NM-262669
Gravel · Power at road
10.0Jul 27, 2026$16,6001,6551,0161.7 mi
72
NM-352355
Gravel · Power at road
8.0Jul 27, 2026$17,3002,1691,3106.4 mi
72
NM-702767
Gravel · Power at road
10.8Jul 27, 2026$18,3001,7041,0523.2 mi
71
NM-151693
Gravel · Off grid
4.9Feb 14, 2025$7,3001,4801,0866.3 mi
70
Show adjustment detail for the top comp
  • Tract size (4.53 ac → 3.38 ac)+1.1%
  • Access (Gravel → Landlocked)-32.0%
  • Utilities (Power at road → Off grid)-15.0%

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.