NM-435332
9658 County Road 247
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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?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $23,586 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-904884 Dirt · Power at road | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 2,654 | 4.9 mi | 74 |
| NM-796906 Gravel · Off grid | 215.8 | Mar 17, 2026 | $290,000 | 1,343 | 2,151 | 5.7 mi | 73 |
| NM-794055 Paved · Full utilities | 27.4 | Jul 27, 2026 | $73,700 | 2,694 | 1,575 | 6.3 mi | 71 |
| NM-476489 Gravel · Off grid | 159.6 | Jul 26, 2025 | $222,300 | 1,393 | 2,107 | 11.5 mi | 64 |
| NM-394114 Dirt · Off grid | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,838 | 9.1 mi | 61 |
| NM-523897 Dirt · Power at road | 24.4 | Mar 5, 2024 | $40,100 | 1,642 | 1,738 | 12.2 mi | 55 |
Show adjustment detail for the top comp
- Tract size (49.88 ac → 69.01 ac)-6.6%
- Access (Dirt → Gravel)+16.3%
- Market time (13 mo)+4.7%
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.