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Catron County, NM · Sold

NM-773927

6060 County Road 29

$17,500
$702/ac · 24.94 ac
Acreage24.94 ac
Price per acre$702/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedOct 1, 2024
Coordinates33.9217, -108.5491
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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

Catron County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Catron market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope3.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

404 ft of deeded road frontage.

Power5,262 ft away

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

Buildable area22.53 of 24.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,813
$13,929$19,697 · $674/ac on 24.94 ac
Asking vs estimate
+4.1%
In line with the comp set

Weighted from 5 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 $17,500
Maximum allowable offer
$9,607
$385/ac · +30.0% target margin

You need $7,893 off asking to hit this margin.

All-in cost$10,424
Net resale$15,468
Projected profit$5,044
ROI+48.4%
Annualized+69.3%
Break-even resale$454/ac
Profit if resale lands off target
-20%
$1,951
-10%
$3,498
0%
$5,044
+10%
$6,591
+20%
$8,138
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,90049645515.8 mi
72
NM-182892
Paved · Power at road
11.8Jul 10, 2026$15,6001,32075210.6 mi
70
NM-244179
Landlocked · Power at road
29.9Apr 15, 2025$19,20064074810.7 mi
70
NM-142403
Gravel · Off grid
8.3Jul 27, 2026$7,90095873616.6 mi
66
NM-944753
Paved · Power at road
45.4Oct 15, 2024$42,50093869211.4 mi
61
Show adjustment detail for the top comp
  • Tract size (34.13 ac → 24.94 ac)+5.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (8 mo)+2.7%

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.