NM-342803
8628 County Road 47
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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
Power at or near the road.
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 $10,705 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-203693 Landlocked · Full utilities | 21.1 | Feb 6, 2026 | $20,700 | 983 | 1,077 | 16.3 mi | 74 |
| NM-702925 Landlocked · Full utilities | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,542 | 12.9 mi | 72 |
| NM-383054 Dirt · Full utilities | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 1,022 | 11.2 mi | 71 |
| NM-953987 Gravel · Off grid | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 1,274 | 10.9 mi | 69 |
| NM-281508 Paved · Full utilities | 4.3 | Oct 12, 2025 | $9,000 | 2,079 | 1,171 | 10.6 mi | 64 |
| NM-953712 Gravel · Off grid | 21.3 | Nov 10, 2024 | $20,000 | 936 | 1,054 | 8.5 mi | 62 |
| NM-703814 Dirt · Off grid | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,535 | 13.2 mi | 57 |
Show adjustment detail for the top comp
- Tract size (21.05 ac → 11.05 ac)+7.2%
- Market time (6 mo)+2.2%
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.