NM-476489
4903 County Road 139
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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?
5 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
Access by easement; pull and read the recorded document.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 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 $125,893 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-796906 Gravel · Off grid | 215.8 | Mar 17, 2026 | $290,000 | 1,343 | 1,485 | 5.7 mi | 81 |
| NM-117464 Dirt · Power at road | 323.3 | Oct 7, 2024 | $293,800 | 909 | 1,181 | 10.1 mi | 64 |
| NM-394114 Dirt · Off grid | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,269 | 3.2 mi | 60 |
| NM-435332 Gravel · Power at road | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 1,117 | 11.5 mi | 59 |
| NM-904884 Dirt · Power at road | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 1,833 | 11.5 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.
