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Curry County, NM · Sold

NM-974774

9042 County Road 186

$61,400
$1,333/ac · 46.06 ac
Acreage46.06 ac
Price per acre$1,333/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedApr 16, 2025
Coordinates34.6567, -103.3256
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

2 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power1,482 ft away

Service extension needed; get a utility quote.

Buildable area39.47 of 46.06 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$52,194
$43,445$60,943 · $1,133/ac on 46.06 ac
Asking vs estimate
+17.6%
Priced above 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 $61,400
Maximum allowable offer
$29,825
$648/ac · +30.0% target margin

You need $31,575 off asking to hit this margin.

All-in cost$32,360
Net resale$48,019
Projected profit$15,659
ROI+48.4%
Annualized+69.3%
Break-even resale$764/ac
Profit if resale lands off target
-20%
$6,055
-10%
$10,857
0%
$15,659
+10%
$20,460
+20%
$25,262
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-394770
Paved · Power at road
45.9Sep 23, 2025$87,3001,9019658.9 mi
81
NM-863989
Dirt · Off grid
26.1Jul 27, 2026$41,4001,5861,1404.8 mi
78
NM-403382
Landlocked · Off grid
16.8Jul 27, 2026$23,7001,4081,2084.6 mi
76
NM-254641
Gravel · Off grid
41.8Oct 31, 2024$72,4001,7301,2428.6 mi
73
NM-645082
Dirt · Off grid
57.6Jun 3, 2025$63,8001,1099649.8 mi
72
NM-516127
Dirt · Power at road
122.7Jul 27, 2026$226,0001,8421,55013.9 mi
66
NM-475843
Paved · Full utilities
99.9Dec 17, 2023$231,4002,3161,2273.5 mi
66
NM-955456
Gravel · Power at road
75.5Jun 10, 2025$118,9001,5751,06111.6 mi
65
NM-863701
Paved · Power at road
21.2Nov 17, 2024$38,8001,8348496.6 mi
61
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (11 mo)+3.8%

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.