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Chaves County, NM · Sold

NM-286663

4222 County Road 230

$101,400
$560/ac · 181 ac
Acreage181 ac
Price per acre$560/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedApr 5, 2024
Coordinates33.3544, -104.5422
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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands18.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,766 ft of deeded road frontage.

Power186 ft away

Power at or near the road.

Buildable area140.30 of 180.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$142,812
$125,728$159,897 · $789/ac on 181 ac
Asking vs estimate
-29.0%
Priced below the comp set

Weighted from 10 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 $101,400
Maximum allowable offer
$81,607
$451/ac · +30.0% target margin

You need $19,793 off asking to hit this margin.

All-in cost$88,544
Net resale$131,387
Projected profit$42,844
ROI+48.4%
Annualized+69.2%
Break-even resale$532/ac
Profit if resale lands off target
-20%
$16,566
-10%
$29,705
0%
$42,844
+10%
$55,983
+20%
$69,121
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-137701
Dirt · Power at road
383.9Jul 6, 2026$254,7006638277.9 mi
77
NM-266151
Gravel · Full utilities
124.9Jul 16, 2026$172,0001,3778829.8 mi
76
NM-306549
Landlocked · Power at road
166.6Dec 15, 2025$109,60065883614.5 mi
76
NM-945742
Dirt · Power at road
92.9Jul 4, 2026$93,5001,00685113.5 mi
75
NM-837020
Paved · Off grid
234.4Jan 17, 2025$196,4008388232.3 mi
73
NM-596357
Dirt · Full utilities
145.0Jul 11, 2024$122,1008427076.4 mi
71
NM-207581
Gravel · Full utilities
351.9Nov 24, 2025$334,9009528365.3 mi
69
NM-435391
Gravel · Off grid
72.0Jul 9, 2026$75,6001,05084612.8 mi
67
NM-548273
Landlocked · Full utilities
581.0Jul 27, 2026$222,3003835599.1 mi
67
NM-326103
Gravel · Full utilities
120.6Dec 5, 2024$122,3001,01468712.9 mi
63
Show adjustment detail for the top comp
  • Tract size (383.89 ac → 180.98 ac)+24.1%
  • Market time (1 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.