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De Baca County, NM · Sold

NM-251906

2235 County Road 389

$16,900
$2,929/ac · 5.77 ac
Acreage5.77 ac
Price per acre$2,929/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedMay 7, 2026
Coordinates34.4388, -104.4602
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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
16
Low risk
Wetlands13.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

349 ft of deeded road frontage.

Power208 ft away

Power at or near the road.

Buildable area4.73 of 5.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,565
$13,862$23,269 · $3,218/ac on 5.77 ac
Asking vs estimate
-9.0%
Priced below the comp set

Weighted from 10 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 $16,900
Maximum allowable offer
$10,609
$1,839/ac · +30.0% target margin

You need $6,291 off asking to hit this margin.

All-in cost$11,511
Net resale$17,080
Projected profit$5,569
ROI+48.4%
Annualized+69.2%
Break-even resale$2,168/ac
Profit if resale lands off target
-20%
$2,153
-10%
$3,861
0%
$5,569
+10%
$7,277
+20%
$8,985
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-601720
Dirt · Power at road
5.0Jul 27, 2026$16,0003,1724,33411.5 mi
86
NM-901426
Gravel · Power at road
4.1Jul 27, 2026$12,1002,9773,46611.8 mi
78
NM-531762
Dirt · Off grid
5.2Dec 27, 2024$9,2001,7673,03313.7 mi
73
NM-742605
Dirt · Off grid
9.6Feb 4, 2026$20,8002,1783,71112.9 mi
68
NM-222271
Gravel · Off grid
7.5Mar 9, 2025$13,7001,8272,73012.2 mi
67
NM-533568
Dirt · Power at road
19.2Oct 8, 2025$30,9001,6072,5292.2 mi
66
NM-373108
Landlocked · Power at road
13.8Dec 7, 2024$16,2001,1762,3324.1 mi
64
NM-313418
Gravel · Off grid
17.3Sep 19, 2025$51,8003,0034,7315.7 mi
63
NM-783216
Dirt · Power at road
14.9Sep 27, 2025$26,3001,7662,70213.1 mi
62
NM-353361
Dirt · Full utilities
16.6Apr 16, 2024$26,5001,6022,1523.0 mi
59
Show adjustment detail for the top comp
  • Tract size (5.04 ac → 5.77 ac)-0.7%
  • Access (Dirt → Paved)+37.2%

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.