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Catron County, NM · Sold

NM-992128

7283 County Road 174

$6,300
$931/ac · 6.77 ac
Acreage6.77 ac
Price per acre$931/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyFlat
ListedJan 23, 2024
Coordinates33.8390, -108.5457
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

4 items to verify before you offer.

Risk index
24
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

232 ft of deeded road frontage.

Power12,080 ft away

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

Buildable area5.31 of 6.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,438
$4,683$6,194 · $803/ac on 6.77 ac
Asking vs estimate
+15.8%
Priced above the comp set

Weighted from 8 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 $6,300
Maximum allowable offer
$3,108
$459/ac · +30.0% target margin

You need $3,192 off asking to hit this margin.

All-in cost$3,372
Net resale$5,003
Projected profit$1,631
ROI+48.4%
Annualized+69.2%
Break-even resale$541/ac
Profit if resale lands off target
-20%
$630
-10%
$1,131
0%
$1,631
+10%
$2,131
+20%
$2,632
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-142403
Gravel · Off grid
8.3Jul 27, 2026$7,90095883614.4 mi
79
NM-311098
Dirt · Full utilities
3.2Apr 1, 2026$4,2001,2998907.1 mi
77
NM-182892
Paved · Power at road
11.8Jul 10, 2026$15,6001,3208564.9 mi
76
NM-930309
Gravel · Off grid
1.8Jul 27, 2026$2,0001,0838916.3 mi
69
NM-773927
Dirt · Off grid
24.9Apr 22, 2025$16,7006718055.7 mi
63
NM-150307
Dirt · Power at road
1.8Feb 22, 2026$1,50085670914.8 mi
62
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,90049651718.8 mi
56
NM-244179
Landlocked · Power at road
29.9Apr 15, 2025$19,20064085013.5 mi
52
Show adjustment detail for the top comp
  • Tract size (8.27 ac → 6.77 ac)+1.3%
  • Access (Gravel → Dirt)-14.0%

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.