← New search
Roosevelt County, NM · Sold

NM-151693

7401 County Road 14

$7,400
$1,498/ac · 4.94 ac
Acreage4.94 ac
Price per acre$1,498/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedOct 13, 2024
Coordinates33.9668, -103.3956
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands16.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

436 ft of deeded road frontage.

Power11,618 ft away

A long utility run — price in solar/off-grid instead.

Buildable area3.91 of 4.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,979
$7,947$10,012 · $1,818/ac on 4.94 ac
Asking vs estimate
-17.6%
Priced below 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 $7,400
Maximum allowable offer
$5,131
$1,039/ac · +30.0% target margin

You need $2,269 off asking to hit this margin.

All-in cost$5,567
Net resale$8,261
Projected profit$2,694
ROI+48.4%
Annualized+69.3%
Break-even resale$1,225/ac
Profit if resale lands off target
-20%
$1,042
-10%
$1,868
0%
$2,694
+10%
$3,520
+20%
$4,346
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-371571
Gravel · Power at road
4.5Jul 27, 2026$9,9002,1921,8605.2 mi
87
NM-151167
Landlocked · Off grid
3.4Jul 27, 2026$4,7001,4002,0336.3 mi
80
NM-222311
Paved · Power at road
7.7Jul 27, 2026$21,2002,7422,0292.1 mi
80
NM-352355
Gravel · Power at road
8.0Jul 27, 2026$17,3002,1691,89810.1 mi
77
NM-702767
Gravel · Power at road
10.8Jul 27, 2026$18,3001,7041,5256.2 mi
75
NM-262669
Gravel · Power at road
10.0Jul 27, 2026$16,6001,6551,4727.7 mi
75
NM-821117
Landlocked · Power at road
3.3Jan 9, 2025$4,7001,4311,8798.4 mi
66
Show adjustment detail for the top comp
  • 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.