NM-673568
4949 County Road 104
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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
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 9 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 $4,933 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-963194 Gravel · Off grid | 14.7 | Jul 22, 2025 | $21,500 | 1,465 | 1,009 | 5.9 mi | 74 |
| NM-462991 Dirt · Power at road | 12.7 | Jul 27, 2026 | $18,500 | 1,460 | 939 | 17.3 mi | 72 |
| NM-104421 Gravel · Off grid | 35.7 | Jul 27, 2026 | $30,200 | 846 | 632 | 17.5 mi | 71 |
| NM-714569 Dirt · Off grid | 39.7 | Dec 10, 2025 | $30,100 | 758 | 689 | 4.8 mi | 71 |
| NM-543236 Gravel · Off grid | 15.1 | Oct 12, 2025 | $23,500 | 1,551 | 1,062 | 17.0 mi | 70 |
| NM-394197 Dirt · Power at road | 30.3 | Dec 16, 2025 | $33,400 | 1,103 | 813 | 10.8 mi | 69 |
| NM-361852 Dirt · Power at road | 5.5 | Jul 12, 2026 | $8,000 | 1,436 | 873 | 15.6 mi | 67 |
| NM-131866 Gravel · Power at road | 5.6 | Jun 16, 2025 | $6,000 | 1,070 | 585 | 16.2 mi | 54 |
| NM-171901 Dirt · Power at road | 5.8 | Apr 7, 2024 | $9,100 | 1,574 | 1,049 | 8.8 mi | 54 |
Show adjustment detail for the top comp
- Tract size (14.66 ac → 19.23 ac)-3.1%
- Access (Gravel → Landlocked)-32.0%
- Market time (13 mo)+4.5%
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.