NM-863989
8961 County Road 400
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
582 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $18,931 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-403382 Landlocked · Off grid | 16.8 | Jul 27, 2026 | $23,700 | 1,408 | 1,684 | 5.9 mi | 79 |
| NM-974774 Landlocked · Off grid | 46.1 | Nov 11, 2025 | $62,800 | 1,364 | 1,962 | 4.8 mi | 72 |
| NM-192521 Dirt · Off grid | 9.0 | Nov 3, 2025 | $19,100 | 2,121 | 1,950 | 2.3 mi | 71 |
| NM-222497 Landlocked · Off grid | 8.8 | Jan 31, 2026 | $8,000 | 908 | 1,044 | 2.3 mi | 70 |
| NM-863701 Paved · Power at road | 21.2 | Nov 17, 2024 | $38,800 | 1,834 | 1,184 | 6.6 mi | 70 |
| NM-645082 Dirt · Off grid | 57.6 | Jun 3, 2025 | $63,800 | 1,109 | 1,344 | 5.3 mi | 70 |
| NM-254641 Gravel · Off grid | 41.8 | Oct 31, 2024 | $72,400 | 1,730 | 1,732 | 4.0 mi | 70 |
| NM-394770 Paved · Power at road | 45.9 | Sep 23, 2025 | $87,300 | 1,901 | 1,346 | 5.5 mi | 69 |
| NM-732519 Landlocked · Power at road | 9.0 | Feb 4, 2025 | $14,600 | 1,622 | 1,652 | 2.3 mi | 62 |
| NM-955456 Gravel · Power at road | 75.5 | Jun 10, 2025 | $118,900 | 1,575 | 1,480 | 6.8 mi | 61 |
Show adjustment detail for the top comp
- Tract size (16.8 ac → 26.08 ac)-5.6%
- Access (Landlocked → Dirt)+26.5%
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.