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De Baca County, NM · Sold

NM-901426

1565 County Road 23

$12,400
$3,047/ac · 4.07 ac
Acreage4.07 ac
Price per acre$3,047/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 11, 2026
Coordinates34.2688, -104.4407
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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

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?

Due diligence

3 items to verify before you offer.

Risk index
28
Low risk
Wetlands27.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

364 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area2.80 of 4.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,130
$8,790$13,470 · $2,735/ac on 4.07 ac
Asking vs estimate
+11.4%
Priced above 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 $12,400
Maximum allowable offer
$6,360
$1,563/ac · +30.0% target margin

You need $6,040 off asking to hit this margin.

All-in cost$6,901
Net resale$10,240
Projected profit$3,339
ROI+48.4%
Annualized+69.2%
Break-even resale$1,843/ac
Profit if resale lands off target
-20%
$1,291
-10%
$2,315
0%
$3,339
+10%
$4,363
+20%
$5,387
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-601720
Dirt · Power at road
5.0Jul 27, 2026$16,0003,1723,7300.4 mi
88
NM-251906
Paved · Power at road
5.8Jul 27, 2026$15,3002,6512,28711.8 mi
78
NM-742605
Dirt · Off grid
9.6Feb 4, 2026$20,8002,1783,1943.7 mi
69
NM-531762
Dirt · Off grid
5.2Dec 27, 2024$9,2001,7672,6119.5 mi
68
NM-222271
Gravel · Off grid
7.5Mar 9, 2025$13,7001,8272,35014.8 mi
68
NM-320219
Dirt · Off grid
1.7Sep 10, 2024$3,0001,7712,55912.6 mi
56
NM-373108
Landlocked · Power at road
13.8Dec 7, 2024$16,2001,1762,00713.4 mi
55
Show adjustment detail for the top comp
  • Tract size (5.04 ac → 4.07 ac)+0.9%
  • Access (Dirt → Gravel)+16.3%

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.