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De Baca County, NM · Sold

NM-796906

2214 County Road 192

$278,800
$1,292/ac · 216 ac
Acreage216 ac
Price per acre$1,292/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedSep 3, 2025
Coordinates34.3902, -104.3958
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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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power9,490 ft away

A long utility run — price in solar/off-grid instead.

Buildable area200.93 of 215.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$267,374
$222,069$312,679 · $1,239/ac on 216 ac
Asking vs estimate
+4.3%
In line with the comp set

Weighted from 6 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 $278,800
Maximum allowable offer
$152,785
$708/ac · +30.0% target margin

You need $126,015 off asking to hit this margin.

All-in cost$165,772
Net resale$245,984
Projected profit$80,212
ROI+48.4%
Annualized+69.3%
Break-even resale$835/ac
Profit if resale lands off target
-20%
$31,016
-10%
$55,614
0%
$80,212
+10%
$104,811
+20%
$129,409
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-476489
Gravel · Off grid
159.6Jul 26, 2025$222,3001,3931,3395.7 mi
77
NM-369087
Gravel · Off grid
1047.7Jul 27, 2026$749,1007151,1508.9 mi
68
NM-117464
Dirt · Power at road
323.3Oct 7, 2024$293,8009091,0877.0 mi
66
NM-435332
Gravel · Power at road
69.0Apr 10, 2024$101,6001,4731,0285.7 mi
63
NM-959193
Paved · Power at road
1131.4Jan 6, 2026$1,096,1009691,1769.6 mi
63
NM-904884
Dirt · Power at road
49.9Jul 1, 2025$116,4002,3351,6866.7 mi
57
Show adjustment detail for the top comp
  • Tract size (159.55 ac → 215.82 ac)-8.0%
  • Market time (13 mo)+4.4%

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.