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Chaves County, NM · Sold

NM-326103

4805 County Road 54

$127,100
$1,054/ac · 121 ac
Acreage121 ac
Price per acre$1,054/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedSep 30, 2024
Coordinates33.3427, -104.3183
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

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?

Due diligence

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,017 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area106.58 of 120.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$154,311
$140,328$168,294 · $1,279/ac on 121 ac
Asking vs estimate
-17.6%
Priced below the comp set

Weighted from 9 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 $127,100
Maximum allowable offer
$88,178
$731/ac · +30.0% target margin

You need $38,922 off asking to hit this margin.

All-in cost$95,673
Net resale$141,966
Projected profit$46,293
ROI+48.4%
Annualized+69.2%
Break-even resale$862/ac
Profit if resale lands off target
-20%
$17,900
-10%
$32,096
0%
$46,293
+10%
$60,490
+20%
$74,686
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-266151
Gravel · Full utilities
124.9Jul 16, 2026$172,0001,3771,3944.7 mi
90
NM-435391
Gravel · Off grid
72.0Jul 9, 2026$75,6001,0501,3374.8 mi
84
NM-945742
Dirt · Power at road
92.9Jul 4, 2026$93,5001,0061,34411.8 mi
76
NM-306549
Landlocked · Power at road
166.6Dec 15, 2025$109,6006581,3216.5 mi
74
NM-596357
Dirt · Full utilities
145.0Jul 11, 2024$122,1008421,11812.5 mi
72
NM-137701
Dirt · Power at road
383.9Jul 6, 2026$254,7006631,30612.9 mi
69
NM-207581
Gravel · Full utilities
351.9Nov 24, 2025$334,9009521,32110.7 mi
66
NM-286663
Dirt · Power at road
181.0Jan 17, 2025$107,9005961,00412.9 mi
64
NM-837020
Paved · Off grid
234.4Jan 17, 2025$196,4008381,30110.7 mi
61
Show adjustment detail for the top comp
  • Tract size (124.9 ac → 120.63 ac)+0.9%

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.