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Curry County, NM · Sold

NM-222497

5601 County Road 109

$9,600
$1,085/ac · 8.85 ac
Acreage8.85 ac
Price per acre$1,085/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedDec 16, 2024
Coordinates34.5946, -103.3750
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

5 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,678 ft away

Service extension needed; get a utility quote.

Buildable area7.39 of 8.85 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,214
$11,333$15,094 · $1,493/ac on 8.85 ac
Asking vs estimate
-27.3%
Priced below the comp set

Weighted from 6 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 $9,600
Maximum allowable offer
$7,551
$853/ac · +30.0% target margin

You need $2,049 off asking to hit this margin.

All-in cost$8,193
Net resale$12,157
Projected profit$3,964
ROI+48.4%
Annualized+69.2%
Break-even resale$1,006/ac
Profit if resale lands off target
-20%
$1,533
-10%
$2,748
0%
$3,964
+10%
$5,180
+20%
$6,395
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-192521
Dirt · Off grid
9.0Nov 3, 2025$19,1002,1211,7340.0 mi
85
NM-403382
Landlocked · Off grid
16.8Jul 27, 2026$23,7001,4081,4987.7 mi
83
NM-732519
Landlocked · Power at road
9.0Feb 4, 2025$14,6001,6221,4690.0 mi
82
NM-863989
Dirt · Off grid
26.1Jul 27, 2026$41,4001,5861,4132.3 mi
75
NM-532177
Landlocked · Full utilities
7.0Mar 19, 2025$16,4002,3351,6977.4 mi
73
NM-863701
Paved · Power at road
21.2Nov 17, 2024$38,8001,8341,0538.8 mi
63
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Market time (9 mo)+3.3%

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.