NM-252058
7413 County Road 339
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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?
3 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.
412 ft of deeded road frontage.
Power at or near the road.
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 $3,875 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-603270 Gravel · Full utilities | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,700 | 12.9 mi | 76 |
| NM-161714 Gravel · Off grid | 5.0 | Feb 17, 2025 | $5,000 | 1,002 | 1,237 | 10.1 mi | 75 |
| NM-791526 Dirt · Full utilities | 4.4 | Dec 31, 2025 | $8,000 | 1,832 | 1,759 | 11.4 mi | 70 |
| NM-881440 Paved · Off grid | 4.1 | Nov 1, 2025 | $6,000 | 1,460 | 1,472 | 8.7 mi | 70 |
| NM-810899 Landlocked · Full utilities | 2.8 | Mar 16, 2025 | $3,400 | 1,212 | 1,497 | 13.2 mi | 63 |
| NM-733093 Dirt · Full utilities | 13.6 | Sep 24, 2024 | $13,400 | 985 | 1,073 | 13.7 mi | 62 |
| NM-580589 Gravel · Off grid | 2.2 | Nov 2, 2024 | $2,000 | 897 | 1,090 | 16.5 mi | 60 |
| NM-501293 Paved · Full utilities | 3.7 | Oct 27, 2024 | $11,400 | 3,080 | 2,244 | 17.2 mi | 59 |
| NM-530463 Landlocked · Off grid | 2.0 | Feb 26, 2024 | $1,600 | 782 | 1,434 | 12.7 mi | 52 |
Show adjustment detail for the top comp
- Tract size (15.49 ac → 6.44 ac)+7.4%
- Utilities (Full utilities → Power at road)-18.0%
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.