NM-904884
9385 County Road 287
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De Baca County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View De Baca market data →Step 1 · Is this a deal?
3 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.
639 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 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 $64,823 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-794055 Paved · Full utilities | 27.4 | Jul 27, 2026 | $73,700 | 2,694 | 1,451 | 8.1 mi | 74 |
| NM-435332 Gravel · Power at road | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 1,490 | 4.9 mi | 69 |
| NM-523897 Dirt · Power at road | 24.4 | Mar 5, 2024 | $40,100 | 1,642 | 1,601 | 8.8 mi | 68 |
| NM-313418 Gravel · Off grid | 17.3 | Sep 19, 2025 | $51,800 | 3,003 | 2,666 | 5.2 mi | 68 |
| NM-394114 Dirt · Off grid | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,693 | 10.4 mi | 67 |
| NM-533568 Dirt · Power at road | 19.2 | Oct 8, 2025 | $30,900 | 1,607 | 1,425 | 12.2 mi | 65 |
| NM-783216 Dirt · Power at road | 14.9 | Sep 27, 2025 | $26,300 | 1,766 | 1,523 | 11.5 mi | 64 |
| NM-476489 Gravel · Off grid | 159.6 | Jul 26, 2025 | $222,300 | 1,393 | 1,941 | 11.5 mi | 58 |
| NM-353361 Dirt · Full utilities | 16.6 | Apr 16, 2024 | $26,500 | 1,602 | 1,213 | 7.7 mi | 58 |
Show adjustment detail for the top comp
- Tract size (27.36 ac → 49.88 ac)-10.1%
- Access (Paved → Dirt)-27.1%
- Utilities (Full utilities → Power at road)-18.0%
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.