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Catron County, NM · Sold

NM-716486

3416 County Road 220

$134,200
$843/ac · 159 ac
Acreage159 ac
Price per acre$843/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedSep 19, 2024
Coordinates33.8467, -108.5741
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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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,398 ft of deeded road frontage.

Power12,052 ft away

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

Buildable area124.92 of 159.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$121,291
$101,682$140,900 · $762/ac on 159 ac
Asking vs estimate
+10.6%
Priced above 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 $134,200
Maximum allowable offer
$69,309
$435/ac · +30.0% target margin

You need $64,891 off asking to hit this margin.

All-in cost$75,200
Net resale$111,588
Projected profit$36,387
ROI+48.4%
Annualized+69.3%
Break-even resale$513/ac
Profit if resale lands off target
-20%
$14,070
-10%
$25,229
0%
$36,387
+10%
$47,546
+20%
$58,705
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-236737
Landlocked · Off grid
190.9Jan 2, 2026$96,2005049436.2 mi
79
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,80070879322.8 mi
75
NM-748097
Dirt · Full utilities
511.4Jun 22, 2026$228,5004476021.7 mi
71
NM-956017
Dirt · Power at road
113.3Aug 23, 2024$77,8006877947.5 mi
66
NM-746016
Gravel · Off grid
113.3Dec 15, 2023$61,00053864613.6 mi
63
Show adjustment detail for the top comp
  • Tract size (190.95 ac → 159.2 ac)+5.1%
  • Access (Landlocked → Paved)+73.5%
  • 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.