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Roosevelt County, NM · Sold

NM-796752

4985 County Road 312

$482,300
$2,499/ac · 193 ac
Acreage193 ac
Price per acre$2,499/ac
ZoningResidential
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedDec 12, 2024
Coordinates34.0171, -103.5386
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
23
Low risk
Wetlands6.2% of tract

Little to no mapped wetland coverage.

Average slope22.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,283 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area108.64 of 193.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$324,371
$266,544$382,198 · $1,680/ac on 193 ac
Asking vs estimate
+48.7%
Priced above 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 $482,300
Maximum allowable offer
$185,355
$960/ac · +30.0% target margin

You need $296,945 off asking to hit this margin.

All-in cost$201,110
Net resale$298,421
Projected profit$97,311
ROI+48.4%
Annualized+69.2%
Break-even resale$1,132/ac
Profit if resale lands off target
-20%
$37,627
-10%
$67,469
0%
$97,311
+10%
$127,153
+20%
$156,995
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-217150
Gravel · Full utilities
257.5Jun 8, 2026$455,5001,7691,9347.4 mi
87
NM-437405
Dirt · Power at road
309.8Apr 13, 2026$350,6001,1321,8633.9 mi
76
NM-147948
Landlocked · Full utilities
459.1Jul 27, 2026$513,1001,1182,1185.0 mi
75
NM-266780
Landlocked · Off grid
197.0Jun 22, 2024$109,3005551,2845.5 mi
73
NM-555668
Dirt · Off grid
88.0Jul 27, 2026$100,9001,1461,5646.8 mi
72
NM-305349
Dirt · Full utilities
69.9Mar 22, 2026$104,2001,4911,3633.9 mi
70
NM-615618
Dirt · Power at road
84.9Jul 27, 2026$100,1001,1791,3569.8 mi
70
NM-887984
Gravel · Power at road
471.2Oct 27, 2025$591,8001,2562,0523.7 mi
69
NM-567742
Gravel · Off grid
395.5Jun 30, 2025$298,4007551,3955.7 mi
68
NM-185284
Dirt · Off grid
66.7Nov 7, 2025$90,5001,3571,7892.0 mi
66
Show adjustment detail for the top comp
  • Tract size (257.54 ac → 193.03 ac)+8.5%
  • Market time (2 mo)+0.8%

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.