NM-953987
6884 County Road 188
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Chaves County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Chaves market data →Step 1 · Is this a deal?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
1,306 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $15,762 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-435391 Gravel · Off grid | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,278 | 7.2 mi | 79 |
| NM-203693 Landlocked · Full utilities | 21.1 | Feb 6, 2026 | $20,700 | 983 | 998 | 5.5 mi | 77 |
| NM-703814 Dirt · Off grid | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,423 | 3.2 mi | 75 |
| NM-953712 Gravel · Off grid | 21.3 | Nov 10, 2024 | $20,000 | 936 | 978 | 8.1 mi | 74 |
| NM-702925 Landlocked · Full utilities | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,430 | 7.4 mi | 59 |
| NM-342803 Landlocked · Full utilities | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,413 | 10.9 mi | 59 |
| NM-383054 Dirt · Full utilities | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 948 | 16.7 mi | 58 |
Show adjustment detail for the top comp
- Tract size (72.02 ac → 26.05 ac)+21.1%
- Market time (1 mo)+0.4%
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.