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Otero County, NM · Sold

NM-733093

6078 County Road 344

$15,100
$1,108/ac · 13.63 ac
Acreage13.63 ac
Price per acre$1,108/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedAug 19, 2024
Coordinates32.5746, -105.6814
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
31
Moderate risk
Wetlands31.5% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

415 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.87 of 13.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$20,590
$16,101$25,078 · $1,511/ac on 13.63 ac
Asking vs estimate
-26.7%
Priced below 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 $15,100
Maximum allowable offer
$11,766
$863/ac · +30.0% target margin

You need $3,334 off asking to hit this margin.

All-in cost$12,766
Net resale$18,943
Projected profit$6,176
ROI+48.4%
Annualized+69.2%
Break-even resale$1,018/ac
Profit if resale lands off target
-20%
$2,388
-10%
$4,282
0%
$6,176
+10%
$8,071
+20%
$9,965
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-603270
Gravel · Full utilities
15.5Jul 27, 2026$29,9001,9281,6848.5 mi
88
NM-624465
Dirt · Off grid
36.8Jul 27, 2026$22,9006211,02515.2 mi
73
NM-791526
Dirt · Full utilities
4.4Dec 31, 2025$8,0001,8321,7425.5 mi
69
NM-252058
Gravel · Power at road
6.4Aug 20, 2025$9,5001,4771,52413.7 mi
67
NM-161714
Gravel · Off grid
5.0Feb 17, 2025$5,0001,0021,2258.3 mi
63
NM-914112
Gravel · Power at road
28.5Dec 11, 2025$44,9001,5741,86616.7 mi
63
NM-724577
Gravel · Full utilities
39.9Jun 15, 2025$48,2001,2081,2686.6 mi
63
NM-563867
Landlocked · Off grid
23.9Sep 20, 2024$13,4005621,1798.5 mi
62
NM-881440
Paved · Off grid
4.1Nov 1, 2025$6,0001,4601,45810.2 mi
60
NM-284457
Paved · Off grid
36.6Mar 7, 2025$62,3001,7032,1639.9 mi
58
Show adjustment detail for the top comp
  • Tract size (15.49 ac → 13.63 ac)+1.3%
  • Access (Gravel → Dirt)-14.0%

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.