NM-714569
9692 County Road 313
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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?
4 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.
925 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 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 $5,958 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-104421 Gravel · Off grid | 35.7 | Jul 27, 2026 | $30,200 | 846 | 715 | 12.8 mi | 81 |
| NM-394197 Dirt · Power at road | 30.3 | Dec 16, 2025 | $33,400 | 1,103 | 920 | 9.4 mi | 76 |
| NM-673568 Landlocked · Off grid | 19.2 | Jan 17, 2026 | $14,500 | 755 | 875 | 4.8 mi | 72 |
| NM-963194 Gravel · Off grid | 14.7 | Jul 22, 2025 | $21,500 | 1,465 | 1,141 | 2.2 mi | 71 |
| NM-806012 Gravel · Power at road | 112.9 | Jul 27, 2026 | $150,500 | 1,332 | 1,228 | 3.6 mi | 71 |
| NM-316068 Dirt · Off grid | 117.6 | Mar 22, 2026 | $76,400 | 650 | 840 | 6.7 mi | 70 |
| NM-462991 Dirt · Power at road | 12.7 | Jul 27, 2026 | $18,500 | 1,460 | 1,063 | 12.8 mi | 68 |
| NM-543236 Gravel · Off grid | 15.1 | Oct 12, 2025 | $23,500 | 1,551 | 1,202 | 12.5 mi | 62 |
Show adjustment detail for the top comp
- Tract size (35.67 ac → 39.7 ac)-1.9%
- Access (Gravel → Dirt)-14.0%
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.