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Otero County, NM · Sold

NM-284457

9662 County Road 126

$62,600
$1,710/ac · 36.61 ac
Acreage36.61 ac
Price per acre$1,710/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographySloped
ListedAug 25, 2024
Coordinates32.6469, -105.8289
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

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

View Otero market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands5.3% of tract

Little to no mapped wetland coverage.

Average slope17.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,272 ft of deeded road frontage.

Power6,816 ft away

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

Buildable area27.74 of 36.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$43,202
$35,339$51,064 · $1,180/ac on 36.61 ac
Asking vs estimate
+44.9%
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 $62,600
Maximum allowable offer
$24,687
$674/ac · +30.0% target margin

You need $37,913 off asking to hit this margin.

All-in cost$26,785
Net resale$39,745
Projected profit$12,960
ROI+48.4%
Annualized+69.2%
Break-even resale$795/ac
Profit if resale lands off target
-20%
$5,011
-10%
$8,986
0%
$12,960
+10%
$16,935
+20%
$20,909
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-624465
Dirt · Off grid
36.8Jul 27, 2026$22,9006218556.3 mi
87
NM-914112
Gravel · Power at road
28.5Dec 11, 2025$44,9001,5741,5586.8 mi
79
NM-634763
Gravel · Off grid
45.7Jan 25, 2026$37,5008211,0327.4 mi
78
NM-603270
Gravel · Full utilities
15.5Jul 27, 2026$29,9001,9281,4063.0 mi
74
NM-664932
Dirt · Full utilities
51.6Mar 22, 2024$61,2001,1851,3312.3 mi
73
NM-724577
Gravel · Full utilities
39.9Jun 15, 2025$48,2001,2081,05816.5 mi
70
NM-445526
Paved · Full utilities
79.4Feb 29, 2024$116,7001,4691,3243.3 mi
69
NM-386093
Gravel · Power at road
119.8May 5, 2026$108,7009081,1935.6 mi
67
NM-396182
Dirt · Off grid
127.7Sep 2, 2025$72,1005651,0623.8 mi
64
NM-563867
Landlocked · Off grid
23.9Sep 20, 2024$13,40056298413.5 mi
64
Show adjustment detail for the top comp
  • Access (Dirt → Paved)+37.2%

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.