NM-914112
4465 County Road 13
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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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
435 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 $31,802 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-624465 Dirt · Off grid | 36.8 | Jul 27, 2026 | $22,900 | 621 | 889 | 5.6 mi | 81 |
| NM-603270 Gravel · Full utilities | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,461 | 9.2 mi | 76 |
| NM-634763 Gravel · Off grid | 45.7 | Jan 25, 2026 | $37,500 | 821 | 1,073 | 4.7 mi | 76 |
| NM-284457 Paved · Off grid | 36.6 | Mar 7, 2025 | $62,300 | 1,703 | 1,877 | 6.8 mi | 75 |
| NM-664932 Dirt · Full utilities | 51.6 | Mar 22, 2024 | $61,200 | 1,185 | 1,383 | 8.3 mi | 65 |
| NM-724577 Gravel · Full utilities | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 1,100 | 23.2 mi | 65 |
| NM-563867 Landlocked · Off grid | 23.9 | Sep 20, 2024 | $13,400 | 562 | 1,023 | 19.6 mi | 63 |
| NM-445526 Paved · Full utilities | 79.4 | Feb 29, 2024 | $116,700 | 1,469 | 1,376 | 10.1 mi | 59 |
| NM-733093 Dirt · Full utilities | 13.6 | Sep 24, 2024 | $13,400 | 985 | 922 | 16.7 mi | 57 |
Show adjustment detail for the top comp
- Tract size (36.82 ac → 28.51 ac)+4.3%
- Access (Dirt → Gravel)+16.3%
- Utilities (Off grid → Power at road)+17.6%
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.