NM-464360
5115 County Road 372
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.
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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Rolling to steep in places; pad prep likely.
Outside the mapped floodplain.
577 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $4,028 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-244179 Landlocked · Power at road | 29.9 | Apr 15, 2025 | $19,200 | 640 | 837 | 5.3 mi | 76 |
| NM-944753 Paved · Power at road | 45.4 | Oct 15, 2024 | $42,500 | 938 | 775 | 5.6 mi | 71 |
| NM-773927 Dirt · Off grid | 24.9 | Apr 22, 2025 | $16,700 | 671 | 793 | 15.8 mi | 68 |
| NM-182892 Paved · Power at road | 11.8 | Jul 10, 2026 | $15,600 | 1,320 | 842 | 21.8 mi | 64 |
| NM-746016 Gravel · Off grid | 113.3 | Dec 15, 2023 | $61,000 | 538 | 784 | 9.8 mi | 57 |
| NM-956017 Dirt · Power at road | 113.3 | Aug 23, 2024 | $77,800 | 687 | 962 | 15.0 mi | 56 |
Show adjustment detail for the top comp
- Tract size (29.93 ac → 34.13 ac)-2.1%
- Access (Landlocked → Dirt)+26.5%
- Market time (16 mo)+5.6%
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.