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Catron County, NM · Sold

NM-578891

8171 County Road 371

$549,500
$604/ac · 909 ac
Acreage909 ac
Price per acre$604/ac
ZoningResidential
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedAug 23, 2025
Coordinates33.9428, -108.4285
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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

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope11.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

4,049 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area826.47 of 909.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$491,860
$413,703$570,017 · $541/ac on 909 ac
Asking vs estimate
+11.7%
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 $549,500
Maximum allowable offer
$281,063
$309/ac · +30.0% target margin

You need $268,437 off asking to hit this margin.

All-in cost$304,953
Net resale$452,511
Projected profit$147,558
ROI+48.4%
Annualized+69.2%
Break-even resale$365/ac
Profit if resale lands off target
-20%
$57,055
-10%
$102,307
0%
$147,558
+10%
$192,809
+20%
$238,060
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-738638
Gravel · Off grid
756.8Mar 11, 2026$190,8002524114.2 mi
79
NM-268698
Gravel · Power at road
790.4Jan 29, 2026$269,8003414818.6 mi
77
NM-468537
Dirt · Power at road
703.4Nov 9, 2025$268,50038260911.6 mi
76
NM-748097
Dirt · Full utilities
511.4Jun 22, 2026$228,5004475179.9 mi
74
NM-779361
Dirt · Off grid
1277.8Jul 25, 2025$373,4002926686.9 mi
71
NM-699329
Dirt · Off grid
1248.5Jul 23, 2024$306,80024658111.0 mi
64
Show adjustment detail for the top comp
  • Tract size (756.82 ac → 909.06 ac)-5.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (5 mo)+1.8%

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.