NM-394114
3046 County Road 92
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
670 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 $19,006 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 | 1,362 | 2.8 mi | 87 |
| NM-533568 Dirt · Power at road | 19.2 | Oct 8, 2025 | $30,900 | 1,607 | 1,338 | 3.7 mi | 76 |
| NM-783216 Dirt · Power at road | 14.9 | Sep 27, 2025 | $26,300 | 1,766 | 1,430 | 8.8 mi | 73 |
| NM-313418 Gravel · Off grid | 17.3 | Sep 19, 2025 | $51,800 | 3,003 | 2,503 | 5.6 mi | 72 |
| NM-353361 Dirt · Full utilities | 16.6 | Apr 16, 2024 | $26,500 | 1,602 | 1,138 | 4.7 mi | 71 |
| NM-523897 Dirt · Power at road | 24.4 | Mar 5, 2024 | $40,100 | 1,642 | 1,503 | 10.0 mi | 69 |
| NM-904884 Dirt · Power at road | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 2,295 | 10.4 mi | 68 |
| NM-373108 Landlocked · Power at road | 13.8 | Dec 7, 2024 | $16,200 | 1,176 | 1,234 | 1.3 mi | 66 |
| NM-742605 Dirt · Off grid | 9.6 | Feb 4, 2026 | $20,800 | 2,178 | 1,964 | 14.7 mi | 65 |
| NM-435332 Gravel · Power at road | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 1,399 | 9.1 mi | 57 |
Show adjustment detail for the top comp
- Tract size (27.36 ac → 28.56 ac)-0.7%
- Access (Paved → Dirt)-27.1%
- Utilities (Full utilities → Off grid)-30.3%
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.