← New search
De Baca County, NM · Sold

NM-117464

3471 County Road 343

$324,600
$1,004/ac · 323 ac
Acreage323 ac
Price per acre$1,004/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedMay 30, 2024
Coordinates34.3018, -104.3369
Loading terrain…
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,087 ft of deeded road frontage.

Power206 ft away

Power at or near the road.

Buildable area280.12 of 323.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$356,176
$320,242$392,110 · $1,102/ac on 323 ac
Asking vs estimate
-8.9%
Priced below 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 $324,600
Maximum allowable offer
$203,529
$629/ac · +30.0% target margin

You need $121,071 off asking to hit this margin.

All-in cost$220,829
Net resale$327,682
Projected profit$106,853
ROI+48.4%
Annualized+69.3%
Break-even resale$742/ac
Profit if resale lands off target
-20%
$41,317
-10%
$74,085
0%
$106,853
+10%
$139,621
+20%
$172,390
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-796906
Gravel · Off grid
215.8Mar 17, 2026$290,0001,3431,2317.0 mi
74
NM-369087
Gravel · Off grid
1047.7Jul 27, 2026$749,1007151,0365.4 mi
69
NM-476489
Gravel · Off grid
159.6Jul 26, 2025$222,3001,3931,20610.1 mi
68
NM-959193
Paved · Power at road
1131.4Jan 6, 2026$1,096,1009691,0608.0 mi
64
NM-435332
Gravel · Power at road
69.0Apr 10, 2024$101,6001,4739267.8 mi
54
Show adjustment detail for the top comp
  • Tract size (215.82 ac → 323.32 ac)-11.0%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.