NM-289004
962 County Road 368
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.
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?
4 items to verify before you offer.
Little to no mapped wetland coverage.
Rolling to steep in places; pad prep likely.
Outside the mapped floodplain.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 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 $95,706 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-468597 Gravel · Power at road | 734.7 | Jun 16, 2026 | $317,100 | 432 | 337 | 2.4 mi | 84 |
| NM-458750 Paved · Power at road | 820.8 | Jul 27, 2026 | $289,700 | 353 | 241 | 4.3 mi | 83 |
| NM-139335 Landlocked · Full utilities | 1254.0 | Nov 25, 2024 | $437,000 | 349 | 413 | 4.2 mi | 75 |
| NM-737793 Gravel · Off grid | 410.3 | May 19, 2024 | $199,300 | 486 | 407 | 4.2 mi | 65 |
| NM-386093 Gravel · Power at road | 119.8 | May 5, 2026 | $108,700 | 908 | 423 | 12.9 mi | 59 |
| NM-396182 Dirt · Off grid | 127.7 | Sep 2, 2025 | $72,100 | 565 | 376 | 7.0 mi | 57 |
| NM-966438 Dirt · Full utilities | 153.8 | Jan 27, 2024 | $102,400 | 666 | 345 | 2.6 mi | 53 |
Show adjustment detail for the top comp
- Tract size (734.67 ac → 986.6 ac)-8.7%
- Utilities (Power at road → Off grid)-15.0%
- Market time (2 mo)+0.7%
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.