NM-590864
6374 County Road 212
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.
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?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
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 7 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 $1,696 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-361852 Dirt · Power at road | 5.5 | Jul 12, 2026 | $8,000 | 1,436 | 1,464 | 12.7 mi | 69 |
| NM-963194 Gravel · Off grid | 14.7 | Jul 22, 2025 | $21,500 | 1,465 | 1,690 | 5.5 mi | 66 |
| NM-811756 Paved · Full utilities | 5.2 | Dec 18, 2024 | $9,500 | 1,833 | 1,185 | 2.8 mi | 66 |
| NM-171901 Dirt · Power at road | 5.8 | Apr 7, 2024 | $9,100 | 1,574 | 1,759 | 1.6 mi | 63 |
| NM-131866 Gravel · Power at road | 5.6 | Jun 16, 2025 | $6,000 | 1,070 | 980 | 16.5 mi | 62 |
| NM-462991 Dirt · Power at road | 12.7 | Jul 27, 2026 | $18,500 | 1,460 | 1,574 | 13.1 mi | 62 |
| NM-543236 Gravel · Off grid | 15.1 | Oct 12, 2025 | $23,500 | 1,551 | 1,780 | 12.8 mi | 59 |
Show adjustment detail for the top comp
- Tract size (5.55 ac → 2.71 ac)+2.7%
- Access (Dirt → Gravel)+16.3%
- Utilities (Power at road → Off grid)-15.0%
- Market time (1 mo)+0.4%
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.