NM-313418
1455 County Road 246
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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.
360 ft of deeded road frontage.
Service extension needed; get a utility quote.
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 $29,466 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 | 1,696 | 3.0 mi | 79 |
| NM-533568 Dirt · Power at road | 19.2 | Oct 8, 2025 | $30,900 | 1,607 | 1,666 | 7.0 mi | 77 |
| NM-353361 Dirt · Full utilities | 16.6 | Apr 16, 2024 | $26,500 | 1,602 | 1,418 | 2.7 mi | 74 |
| NM-783216 Dirt · Power at road | 14.9 | Sep 27, 2025 | $26,300 | 1,766 | 1,781 | 10.3 mi | 73 |
| NM-742605 Dirt · Off grid | 9.6 | Feb 4, 2026 | $20,800 | 2,178 | 2,446 | 9.1 mi | 71 |
| NM-394114 Dirt · Off grid | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,979 | 5.6 mi | 71 |
| NM-373108 Landlocked · Power at road | 13.8 | Dec 7, 2024 | $16,200 | 1,176 | 1,537 | 6.5 mi | 70 |
| NM-251906 Paved · Power at road | 5.8 | Jul 27, 2026 | $15,300 | 2,651 | 1,751 | 5.7 mi | 70 |
| NM-523897 Dirt · Power at road | 24.4 | Mar 5, 2024 | $40,100 | 1,642 | 1,872 | 9.3 mi | 68 |
| NM-601720 Dirt · Power at road | 5.0 | Jul 27, 2026 | $16,000 | 3,172 | 2,856 | 6.5 mi | 68 |
Show adjustment detail for the top comp
- Tract size (27.36 ac → 17.25 ac)+6.4%
- Access (Paved → Gravel)-15.3%
- 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.