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Chaves County, NM · Sold

NM-435391

9270 County Road 45

$78,800
$1,094/ac · 72.02 ac
Acreage72.02 ac
Price per acre$1,094/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedJun 13, 2026
Coordinates33.4116, -104.3303
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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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands13.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,020 ft of deeded road frontage.

Power12,346 ft away

A long utility run — price in solar/off-grid instead.

Buildable area59.18 of 72.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,323
$61,770$78,876 · $976/ac on 72.02 ac
Asking vs estimate
+12.1%
Priced above 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 $78,800
Maximum allowable offer
$40,185
$558/ac · +30.0% target margin

You need $38,615 off asking to hit this margin.

All-in cost$43,601
Net resale$64,697
Projected profit$21,097
ROI+48.4%
Annualized+69.2%
Break-even resale$658/ac
Profit if resale lands off target
-20%
$8,157
-10%
$14,627
0%
$21,097
+10%
$27,566
+20%
$34,036
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-945742
Dirt · Power at road
92.9Jul 4, 2026$93,5001,0061,0617.2 mi
80
NM-953987
Gravel · Off grid
26.1Jul 27, 2026$30,7001,1799757.2 mi
79
NM-266151
Gravel · Full utilities
124.9Jul 16, 2026$172,0001,3771,1008.2 mi
77
NM-326103
Gravel · Full utilities
120.6Dec 5, 2024$122,3001,0148574.8 mi
73
NM-306549
Landlocked · Power at road
166.6Dec 15, 2025$109,6006581,0432.0 mi
69
NM-203693
Landlocked · Full utilities
21.1Feb 6, 2026$20,7009838241.7 mi
67
NM-596357
Dirt · Full utilities
145.0Jul 11, 2024$122,10084288214.7 mi
61
NM-703814
Dirt · Off grid
23.0Aug 14, 2024$26,4001,1501,1756.4 mi
59
NM-286663
Dirt · Power at road
181.0Jan 17, 2025$107,90059679312.8 mi
57
NM-837020
Paved · Off grid
234.4Jan 17, 2025$196,4008381,02710.5 mi
57
Show adjustment detail for the top comp
  • Tract size (92.87 ac → 72.02 ac)+6.1%
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.