Curry County, NM · Sold

NM-475843

7892 County Road 357

$258,000

$2,582/ac · 99.92 ac

Offer report Market this tract

Acreage99.92 ac

Price per acre$2,582/ac

ZoningAgricultural

Road accessPaved

UtilitiesFull utilities

TopographyFlat

ListedNov 4, 2023

Coordinates34.6723, -103.2670

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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

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

3 items to verify before you offer.

Risk index

Low risk

Wetlands28.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

933 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area68.35 of 99.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$246,736

$200,023 – $293,448 · $2,469/ac on 99.92 ac

Asking vs estimate

+4.6%

In line with the comp set

Weighted from 7 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 $258,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$140,992

$1,411/ac · +30.0% target margin

You need $117,008 off asking to hit this margin.

All-in cost$152,976

Net resale$226,997

Projected profit$74,020

ROI+48.4%

Annualized+69.2%

Break-even resale$1,664/ac

Profit if resale lands off target

-20%

$28,621

-10%

$51,321

$74,020

+10%

$96,720

+20%

$119,420

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-516127 Dirt · Power at road	122.7	Jul 27, 2026	$226,000	1,842	3,254	16.4 mi	76
NM-974774 Landlocked · Off grid	46.1	Nov 11, 2025	$62,800	1,364	2,953	3.5 mi	74
NM-676593 Dirt · Power at road	172.0	Jul 14, 2026	$187,100	1,088	2,105	11.4 mi	72
NM-394770 Paved · Power at road	45.9	Sep 23, 2025	$87,300	1,901	2,026	9.1 mi	71
NM-955456 Gravel · Power at road	75.5	Jun 10, 2025	$118,900	1,575	2,227	13.6 mi	67
NM-645082 Dirt · Off grid	57.6	Jun 3, 2025	$63,800	1,109	2,022	10.9 mi	64
NM-254641 Gravel · Off grid	41.8	Oct 31, 2024	$72,400	1,730	2,607	11.0 mi	58

Show adjustment detail for the top comp

Tract size (122.74 ac → 99.92 ac)+5.3%
Access (Dirt → Paved)+37.2%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV