← New search
Roosevelt County, NM · Sold

NM-709331

8942 County Road 45

$1,402,000
$1,121/ac · 1,250 ac
Acreage1,250 ac
Price per acre$1,121/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedJun 20, 2025
Coordinates33.9937, -103.5833
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.6%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

5,359 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area953.81 of 1250.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,222,131
$1,012,851$1,431,412 · $977/ac on 1,250 ac
Asking vs estimate
+14.7%
Priced above the comp set

Weighted from 8 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 $1,402,000
Maximum allowable offer
$698,361
$559/ac · +30.0% target margin

You need $703,639 off asking to hit this margin.

All-in cost$757,722
Net resale$1,124,361
Projected profit$366,639
ROI+48.4%
Annualized+69.2%
Break-even resale$659/ac
Profit if resale lands off target
-20%
$141,767
-10%
$254,203
0%
$366,639
+10%
$479,075
+20%
$591,511
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-709072
Gravel · Off grid
1036.4Jul 27, 2026$750,0007249827.2 mi
84
NM-459925
Paved · Off grid
1922.7Apr 19, 2026$1,223,70063689811.0 mi
77
NM-309368
Landlocked · Full utilities
1284.3May 27, 2025$806,50062897915.1 mi
73
NM-739516
Gravel · Power at road
1429.6Jun 6, 2025$1,142,7007991,06813.0 mi
73
NM-147948
Landlocked · Full utilities
459.1Jul 27, 2026$513,1001,1181,2116.6 mi
72
NM-887984
Gravel · Power at road
471.2Oct 27, 2025$591,8001,2561,1731.2 mi
71
NM-567742
Gravel · Off grid
395.5Jun 30, 2025$298,4007557974.5 mi
64
NM-698360
Paved · Power at road
618.8Jul 23, 2025$470,00076066011.7 mi
63
Show adjustment detail for the top comp
  • Tract size (1036.42 ac → 1250.32 ac)-5.7%
  • Utilities (Off grid → Full utilities)+43.5%

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.