← New search
Catron County, NM · Sold

NM-244179

1513 County Road 270

$20,500
$685/ac · 29.93 ac
Acreage29.93 ac
Price per acre$685/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedMay 30, 2024
Coordinates33.9708, -108.3715
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
39
Moderate risk
Wetlands5.7% of tract

Little to no mapped wetland coverage.

Average slope14.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power160 ft away

Power at or near the road.

Buildable area22.58 of 29.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,694
$16,343$23,046 · $658/ac on 29.93 ac
Asking vs estimate
+4.1%
In line with the comp set

Weighted from 10 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 $20,500
Maximum allowable offer
$11,254
$376/ac · +30.0% target margin

You need $9,246 off asking to hit this margin.

All-in cost$12,211
Net resale$18,119
Projected profit$5,908
ROI+48.4%
Annualized+69.2%
Break-even resale$443/ac
Profit if resale lands off target
-20%
$2,285
-10%
$4,096
0%
$5,908
+10%
$7,720
+20%
$9,532
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-464360
Dirt · Power at road
34.1Dec 22, 2025$16,9004964125.3 mi
81
NM-944753
Paved · Power at road
45.4Oct 15, 2024$42,5009386264.1 mi
74
NM-773927
Dirt · Off grid
24.9Apr 22, 2025$16,70067164010.7 mi
70
NM-142403
Gravel · Off grid
8.3Jul 27, 2026$7,90095866512.4 mi
68
NM-182892
Paved · Power at road
11.8Jul 10, 2026$15,6001,32068116.8 mi
67
NM-136202
Gravel · Off grid
129.6Jul 27, 2026$91,8007087778.5 mi
65
NM-956017
Dirt · Power at road
113.3Aug 23, 2024$77,80068777710.2 mi
59
NM-746016
Gravel · Off grid
113.3Dec 15, 2023$61,0005386336.5 mi
53
NM-716486
Paved · Off grid
159.2Mar 5, 2025$124,30078181114.4 mi
50
NM-992128
Dirt · Off grid
6.8Aug 5, 2024$5,20076766213.5 mi
50
Show adjustment detail for the top comp
  • Tract size (34.13 ac → 29.93 ac)+2.2%
  • Access (Dirt → Landlocked)-20.9%
  • Market time (8 mo)+2.7%

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.