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Chaves County, NM · Sold

NM-130479

9431 County Road 217

$2,600
$1,268/ac · 2.05 ac
Acreage2.05 ac
Price per acre$1,268/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographySloped
ListedJul 10, 2026
Coordinates33.3925, -104.6451
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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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope10.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

326 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.93 of 2.05 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,483
$2,816$4,150 · $1,699/ac on 2.05 ac
Asking vs estimate
-25.3%
Priced below the comp set

Weighted from 5 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 $2,600
Maximum allowable offer
$1,990
$971/ac · +30.0% target margin

You need $610 off asking to hit this margin.

All-in cost$2,159
Net resale$3,204
Projected profit$1,045
ROI+48.4%
Annualized+69.3%
Break-even resale$1,145/ac
Profit if resale lands off target
-20%
$404
-10%
$725
0%
$1,045
+10%
$1,365
+20%
$1,686
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-281508
Paved · Full utilities
4.3Oct 12, 2025$9,0002,0791,60310.1 mi
66
NM-342803
Landlocked · Full utilities
11.1Mar 18, 2025$15,9001,4382,0850.6 mi
65
NM-480124
Gravel · Power at road
1.6Mar 11, 2024$1,9001,1681,34411.8 mi
64
NM-383054
Dirt · Full utilities
13.3Jan 22, 2025$15,8001,1931,39910.8 mi
55
NM-702925
Landlocked · Full utilities
12.1Jun 1, 2024$16,9001,4002,11013.0 mi
49
Show adjustment detail for the top comp
  • Tract size (4.32 ac → 2.05 ac)+2.2%
  • Access (Paved → Dirt)-27.1%
  • Market time (10 mo)+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.