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Catron County, NM · Sold

NM-956017

9455 County Road 120

$76,300
$673/ac · 113 ac
Acreage113 ac
Price per acre$673/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJun 18, 2024
Coordinates33.8365, -108.4438
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

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

4 items to verify before you offer.

Risk index
20
Low risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.4%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,864 ft of deeded road frontage.

Power166 ft away

Power at or near the road.

Buildable area92.38 of 113.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$76,830
$59,222$94,438 · $678/ac on 113 ac
Asking vs estimate
-0.7%
In line with 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 $76,300
Maximum allowable offer
$43,903
$387/ac · +30.0% target margin

You need $32,397 off asking to hit this margin.

All-in cost$47,635
Net resale$70,684
Projected profit$23,049
ROI+48.4%
Annualized+69.2%
Break-even resale$457/ac
Profit if resale lands off target
-20%
$8,912
-10%
$15,980
0%
$23,049
+10%
$30,117
+20%
$37,185
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-236737
Landlocked · Off grid
190.9Jan 2, 2026$96,2005048831.7 mi
79
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,80070874317.3 mi
77
NM-746016
Gravel · Off grid
113.3Dec 15, 2023$61,0005386066.7 mi
71
NM-716486
Paved · Off grid
159.2Mar 5, 2025$124,3007817767.5 mi
68
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,90049639415.0 mi
63
NM-944753
Paved · Power at road
45.4Oct 15, 2024$42,50093859913.4 mi
62
Show adjustment detail for the top comp
  • Tract size (190.95 ac → 113.34 ac)+14.9%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.6%

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.