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Catron County, NM · Sold

NM-311098

9758 County Road 223

$4,400
$1,371/ac · 3.21 ac
Acreage3.21 ac
Price per acre$1,371/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedAug 20, 2025
Coordinates33.8165, -108.4249
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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope10.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

336 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.97 of 3.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,927
$3,613$4,241 · $1,223/ac on 3.21 ac
Asking vs estimate
+12.0%
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 $4,400
Maximum allowable offer
$2,244
$699/ac · +30.0% target margin

You need $2,156 off asking to hit this margin.

All-in cost$2,435
Net resale$3,613
Projected profit$1,178
ROI+48.4%
Annualized+69.3%
Break-even resale$824/ac
Profit if resale lands off target
-20%
$456
-10%
$817
0%
$1,178
+10%
$1,540
+20%
$1,901
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-930309
Gravel · Off grid
1.8Jul 27, 2026$2,0001,0831,32210.4 mi
73
NM-142403
Gravel · Off grid
8.3Jul 27, 2026$7,9009581,2407.3 mi
70
NM-150307
Dirt · Power at road
1.8Feb 22, 2026$1,5008561,05113.9 mi
70
NM-992128
Dirt · Off grid
6.8Aug 5, 2024$5,2007671,2347.1 mi
68
NM-182892
Paved · Power at road
11.8Jul 10, 2026$15,6001,3201,2697.0 mi
66
Show adjustment detail for the top comp
  • Tract size (1.81 ac → 3.21 ac)-1.4%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.