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Catron County, NM · Sold

NM-268698

6522 County Road 140

$272,500
$345/ac · 790 ac
Acreage790 ac
Price per acre$345/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJan 4, 2025
Coordinates33.9821, -108.5705
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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

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands6.7% of tract

Little to no mapped wetland coverage.

Average slope27.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,202 ft of deeded road frontage.

Power85 ft away

Power at or near the road.

Buildable area442.49 of 790.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$325,614
$273,550$377,677 · $412/ac on 790 ac
Asking vs estimate
-16.3%
Priced below the comp set

Weighted from 6 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 $272,500
Maximum allowable offer
$186,065
$235/ac · +30.0% target margin

You need $86,435 off asking to hit this margin.

All-in cost$201,881
Net resale$299,564
Projected profit$97,684
ROI+48.4%
Annualized+69.2%
Break-even resale$278/ac
Profit if resale lands off target
-20%
$37,771
-10%
$67,728
0%
$97,684
+10%
$127,640
+20%
$157,597
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-738638
Gravel · Off grid
756.8Mar 11, 2026$190,8002522985.0 mi
84
NM-578891
Paved · Full utilities
909.1Jul 27, 2026$590,2006494728.6 mi
81
NM-748097
Dirt · Full utilities
511.4Jun 22, 2026$228,50044737510.0 mi
79
NM-468537
Dirt · Power at road
703.4Nov 9, 2025$268,50038244220.0 mi
72
NM-779361
Dirt · Off grid
1277.8Jul 25, 2025$373,4002924857.7 mi
68
NM-699329
Dirt · Off grid
1248.5Jul 23, 2024$306,80024642118.5 mi
59
Show adjustment detail for the top comp
  • Tract size (756.82 ac → 790.44 ac)-1.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (5 mo)+1.8%

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.