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Catron County, NM · Sold

NM-944753

8571 County Road 116

$47,900
$1,056/ac · 45.37 ac
Acreage45.37 ac
Price per acre$1,056/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedMay 29, 2024
Coordinates34.0268, -108.3963
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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
12
Low risk
Wetlands11.4% of tract

Little to no mapped wetland coverage.

Average slope2.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

844 ft of deeded road frontage.

Power154 ft away

Power at or near the road.

Buildable area38.19 of 45.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$47,295
$37,947$56,643 · $1,042/ac on 45.37 ac
Asking vs estimate
+1.3%
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 $47,900
Maximum allowable offer
$27,026
$596/ac · +30.0% target margin

You need $20,874 off asking to hit this margin.

All-in cost$29,323
Net resale$43,511
Projected profit$14,188
ROI+48.4%
Annualized+69.2%
Break-even resale$703/ac
Profit if resale lands off target
-20%
$5,486
-10%
$9,837
0%
$14,188
+10%
$18,539
+20%
$22,890
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,9004966645.6 mi
77
NM-244179
Landlocked · Power at road
29.9Apr 15, 2025$19,2006401,0914.1 mi
76
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,8007081,2539.4 mi
68
NM-773927
Dirt · Off grid
24.9Apr 22, 2025$16,7006711,03311.4 mi
63
NM-956017
Dirt · Power at road
113.3Aug 23, 2024$77,8006871,25413.4 mi
62
NM-746016
Gravel · Off grid
113.3Dec 15, 2023$61,0005381,02110.6 mi
55
Show adjustment detail for the top comp
  • Tract size (34.13 ac → 45.37 ac)-5.0%
  • Access (Dirt → Paved)+37.2%
  • 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.