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Catron County, NM · Sold

NM-699329

5173 County Road 220

$354,300
$284/ac · 1,249 ac
Acreage1,249 ac
Price per acre$284/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedOct 13, 2023
Coordinates33.9958, -108.2477
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

3 items to verify before you offer.

Risk index
31
Moderate risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope29.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

9,019 ft of deeded road frontage.

Power7,446 ft away

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

Buildable area748.36 of 1248.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$322,272
$268,220$376,323 · $258/ac on 1,249 ac
Asking vs estimate
+9.9%
Priced above 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 $354,300
Maximum allowable offer
$184,155
$148/ac · +30.0% target margin

You need $170,145 off asking to hit this margin.

All-in cost$199,808
Net resale$296,490
Projected profit$96,682
ROI+48.4%
Annualized+69.3%
Break-even resale$174/ac
Profit if resale lands off target
-20%
$37,384
-10%
$67,033
0%
$96,682
+10%
$126,331
+20%
$155,980
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-779361
Dirt · Off grid
1277.8Jul 25, 2025$373,40029230712.3 mi
78
NM-578891
Paved · Full utilities
909.1Jul 27, 2026$590,20064929911.0 mi
77
NM-468537
Dirt · Power at road
703.4Nov 9, 2025$268,5003822804.4 mi
73
NM-738638
Gravel · Off grid
756.8Mar 11, 2026$190,80025218915.1 mi
70
NM-268698
Gravel · Power at road
790.4Jan 29, 2026$269,80034122118.5 mi
67
NM-748097
Dirt · Full utilities
511.4Jun 22, 2026$228,50044723820.3 mi
66
Show adjustment detail for the top comp
  • Tract size (1277.79 ac → 1248.51 ac)+0.7%
  • Market time (13 mo)+4.4%

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.