← New search
Catron County, NM · Sold

NM-746016

6435 County Road 2

$62,100
$548/ac · 113 ac
Acreage113 ac
Price per acre$548/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedAug 28, 2023
Coordinates33.8801, -108.3397
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
16
Low risk
Wetlands9.9% of tract

Little to no mapped wetland coverage.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,481 ft of deeded road frontage.

Power4,730 ft away

Service extension needed; get a utility quote.

Buildable area96.94 of 113.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$78,243
$61,097$95,389 · $691/ac on 113 ac
Asking vs estimate
-20.6%
Priced below 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 $62,100
Maximum allowable offer
$44,710
$395/ac · +30.0% target margin

You need $17,390 off asking to hit this margin.

All-in cost$48,510
Net resale$71,983
Projected profit$23,473
ROI+48.4%
Annualized+69.3%
Break-even resale$466/ac
Profit if resale lands off target
-20%
$9,076
-10%
$16,275
0%
$23,473
+10%
$30,671
+20%
$37,870
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,80070873511.2 mi
84
NM-956017
Dirt · Power at road
113.3Aug 23, 2024$77,8006877356.7 mi
73
NM-236737
Landlocked · Off grid
190.9Jan 2, 2026$96,2005048737.5 mi
73
NM-716486
Paved · Off grid
159.2Mar 5, 2025$124,30078176713.6 mi
67
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,9004963899.8 mi
65
NM-944753
Paved · Power at road
45.4Oct 15, 2024$42,50093859210.6 mi
57
Show adjustment detail for the top comp
  • Tract size (129.6 ac → 113.26 ac)+3.5%

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.