NM-567742
9841 County Road 12
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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?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
3,754 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $65,026 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-147948 Landlocked · Full utilities | 459.1 | Jul 27, 2026 | $513,100 | 1,118 | 1,200 | 5.3 mi | 83 |
| NM-887984 Gravel · Power at road | 471.2 | Oct 27, 2025 | $591,800 | 1,256 | 1,163 | 5.6 mi | 79 |
| NM-709072 Gravel · Off grid | 1036.4 | Jul 27, 2026 | $750,000 | 724 | 973 | 9.2 mi | 78 |
| NM-437405 Dirt · Power at road | 309.8 | Apr 13, 2026 | $350,600 | 1,132 | 1,056 | 8.9 mi | 76 |
| NM-217150 Gravel · Full utilities | 257.5 | Jun 8, 2026 | $455,500 | 1,769 | 1,096 | 13.0 mi | 76 |
| NM-709331 Gravel · Full utilities | 1250.3 | Jul 2, 2026 | $1,257,600 | 1,006 | 1,002 | 4.5 mi | 72 |
| NM-796752 Gravel · Full utilities | 193.0 | Oct 18, 2025 | $466,900 | 2,419 | 1,418 | 5.7 mi | 70 |
| NM-698360 Paved · Power at road | 618.8 | Jul 23, 2025 | $470,000 | 760 | 654 | 9.5 mi | 67 |
| NM-266780 Landlocked · Off grid | 197.0 | Jun 22, 2024 | $109,300 | 555 | 728 | 10.5 mi | 61 |
| NM-309368 Landlocked · Full utilities | 1284.3 | May 27, 2025 | $806,500 | 628 | 970 | 16.0 mi | 59 |
Show adjustment detail for the top comp
- Tract size (459.1 ac → 395.46 ac)+4.6%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Full utilities → Off grid)-30.3%
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.