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Otero County, NM · Sold

NM-530463

9733 County Road 225

$1,900
$936/ac · 2.03 ac
Acreage2.03 ac
Price per acre$936/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedOct 15, 2023
Coordinates32.6470, -105.7605
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

2 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope1.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power8,524 ft away

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

Buildable area1.75 of 2.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,875
$1,457$2,293 · $924/ac on 2.03 ac
Asking vs estimate
+1.3%
In line with the comp set

Weighted from 7 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 $1,900
Maximum allowable offer
$1,072
$528/ac · +30.0% target margin

You need $828 off asking to hit this margin.

All-in cost$1,163
Net resale$1,725
Projected profit$562
ROI+48.3%
Annualized+69.2%
Break-even resale$623/ac
Profit if resale lands off target
-20%
$217
-10%
$390
0%
$562
+10%
$735
+20%
$907
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-580589
Gravel · Off grid
2.2Nov 2, 2024$2,00089765711.9 mi
71
NM-810899
Landlocked · Full utilities
2.8Mar 16, 2025$3,4001,21290210.2 mi
70
NM-881440
Paved · Off grid
4.1Nov 1, 2025$6,0001,4608875.2 mi
70
NM-161714
Gravel · Off grid
5.0Feb 17, 2025$5,0001,0027453.0 mi
65
NM-791526
Dirt · Full utilities
4.4Dec 31, 2025$8,0001,8321,05910.7 mi
65
NM-501293
Paved · Full utilities
3.7Oct 27, 2024$11,4003,0801,35213.8 mi
60
NM-252058
Gravel · Power at road
6.4Aug 20, 2025$9,5001,47792712.7 mi
58
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Market time (21 mo)+7.5%

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.