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De Baca County, NM · Sold

NM-476489

4903 County Road 139

$251,700
$1,578/ac · 160 ac
Acreage160 ac
Price per acre$1,578/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedDec 29, 2024
Coordinates34.4483, -104.3237
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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

5 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands39.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4,002 ft away

Service extension needed; get a utility quote.

Buildable area91.85 of 159.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$220,161
$180,301$260,022 · $1,380/ac on 160 ac
Asking vs estimate
+14.3%
Priced above the comp set

Weighted from 5 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 $251,700
Maximum allowable offer
$125,807
$789/ac · +30.0% target margin

You need $125,893 off asking to hit this margin.

All-in cost$136,501
Net resale$202,549
Projected profit$66,048
ROI+48.4%
Annualized+69.2%
Break-even resale$930/ac
Profit if resale lands off target
-20%
$25,538
-10%
$45,793
0%
$66,048
+10%
$86,303
+20%
$106,558
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-796906
Gravel · Off grid
215.8Mar 17, 2026$290,0001,3431,4855.7 mi
81
NM-117464
Dirt · Power at road
323.3Oct 7, 2024$293,8009091,18110.1 mi
64
NM-394114
Dirt · Off grid
28.6Jun 14, 2025$43,3001,5151,2693.2 mi
60
NM-435332
Gravel · Power at road
69.0Apr 10, 2024$101,6001,4731,11711.5 mi
59
NM-904884
Dirt · Power at road
49.9Jul 1, 2025$116,4002,3351,83311.5 mi
58
Show adjustment detail for the top comp
  • Tract size (215.82 ac → 159.55 ac)+8.7%
  • Market time (5 mo)+1.7%

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.