NM-498922
4347 County Road 255
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.
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?
3 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
4,072 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $306,726 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-878870 Paved · Off grid | 895.3 | Jun 30, 2026 | $475,100 | 531 | 620 | 2.8 mi | 89 |
| NM-829029 Dirt · Full utilities | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 787 | 10.5 mi | 81 |
| NM-548273 Landlocked · Full utilities | 581.0 | Jul 27, 2026 | $222,300 | 383 | 472 | 19.2 mi | 75 |
| NM-137701 Dirt · Power at road | 383.9 | Jul 6, 2026 | $254,700 | 663 | 699 | 13.2 mi | 70 |
| NM-718421 Dirt · Power at road | 646.7 | Jan 23, 2025 | $250,800 | 388 | 507 | 16.2 mi | 65 |
| NM-207581 Gravel · Full utilities | 351.9 | Nov 24, 2025 | $334,900 | 952 | 706 | 9.2 mi | 63 |
Show adjustment detail for the top comp
- Tract size (895.33 ac → 929.7 ac)-1.2%
- Utilities (Off grid → Power at road)+17.6%
- Market time (2 mo)+0.5%
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.