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Curry County, NM · Sold

NM-394770

389 County Road 35

$95,400
$2,077/ac · 45.93 ac
Acreage45.93 ac
Price per acre$2,077/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedJul 11, 2025
Coordinates34.5406, -103.2563
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

Curry County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Curry market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands10.2% of tract

Little to no mapped wetland coverage.

Average slope9.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,373 ft of deeded road frontage.

Power215 ft away

Power at or near the road.

Buildable area39.18 of 45.93 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,325
$92,415$130,236 · $2,424/ac on 45.93 ac
Asking vs estimate
-14.3%
Priced below the comp set

Weighted from 9 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 $95,400
Maximum allowable offer
$63,614
$1,385/ac · +30.0% target margin

You need $31,786 off asking to hit this margin.

All-in cost$69,021
Net resale$102,419
Projected profit$33,398
ROI+48.4%
Annualized+69.3%
Break-even resale$1,633/ac
Profit if resale lands off target
-20%
$12,914
-10%
$23,156
0%
$33,398
+10%
$43,640
+20%
$53,882
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-974774
Landlocked · Off grid
46.1Nov 11, 2025$62,8001,3642,8748.9 mi
82
NM-863989
Dirt · Off grid
26.1Jul 27, 2026$41,4001,5862,3285.5 mi
76
NM-645082
Dirt · Off grid
57.6Jun 3, 2025$63,8001,1091,9683.0 mi
74
NM-254641
Gravel · Off grid
41.8Oct 31, 2024$72,4001,7302,5376.7 mi
72
NM-403382
Landlocked · Off grid
16.8Jul 27, 2026$23,7001,4082,4686.6 mi
70
NM-516127
Dirt · Power at road
122.7Jul 27, 2026$226,0001,8423,16710.7 mi
70
NM-955456
Gravel · Power at road
75.5Jun 10, 2025$118,9001,5752,1687.0 mi
69
NM-863701
Paved · Power at road
21.2Nov 17, 2024$38,8001,8341,7355.3 mi
67
NM-475843
Paved · Full utilities
99.9Dec 17, 2023$231,4002,3162,5079.1 mi
64
Show adjustment detail for the top comp
  • Access (Landlocked → Paved)+73.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (9 mo)+3.2%

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.