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Lea County, NM · Sold

NM-963194

4309 County Road 333

$22,600
$1,542/ac · 14.66 ac
Acreage14.66 ac
Price per acre$1,542/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 23, 2024
Coordinates32.8375, -103.4408
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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

Lea County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Lea market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
25
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

493 ft of deeded road frontage.

Power9,644 ft away

A long utility run — price in solar/off-grid instead.

Buildable area12.23 of 14.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$18,152
$14,656$21,649 · $1,238/ac on 14.66 ac
Asking vs estimate
+24.5%
Priced above the comp set

Weighted from 10 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 $22,600
Maximum allowable offer
$10,373
$708/ac · +30.0% target margin

You need $12,227 off asking to hit this margin.

All-in cost$11,255
Net resale$16,700
Projected profit$5,446
ROI+48.4%
Annualized+69.2%
Break-even resale$834/ac
Profit if resale lands off target
-20%
$2,106
-10%
$3,776
0%
$5,446
+10%
$7,116
+20%
$8,786
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-543236
Gravel · Off grid
15.1Oct 12, 2025$23,5001,5511,61111.1 mi
80
NM-462991
Dirt · Power at road
12.7Jul 27, 2026$18,5001,4601,42511.3 mi
79
NM-673568
Landlocked · Off grid
19.2Jan 17, 2026$14,5007551,1735.9 mi
78
NM-714569
Dirt · Off grid
39.7Dec 10, 2025$30,1007581,0462.2 mi
74
NM-104421
Gravel · Off grid
35.7Jul 27, 2026$30,20084695912.1 mi
73
NM-361852
Dirt · Power at road
5.5Jul 12, 2026$8,0001,4361,3259.7 mi
68
NM-394197
Dirt · Power at road
30.3Dec 16, 2025$33,4001,1031,2337.3 mi
68
NM-131866
Gravel · Power at road
5.6Jun 16, 2025$6,0001,07088711.6 mi
62
NM-171901
Dirt · Power at road
5.8Apr 7, 2024$9,1001,5741,5926.0 mi
59
NM-811756
Paved · Full utilities
5.2Dec 18, 2024$9,5001,8331,0738.3 mi
58
Show adjustment detail for the top comp
  • Market time (10 mo)+3.5%

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.