NM-161714
7400 County Road 27
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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.
Little to no mapped wetland coverage.
Rolling to steep in places; pad prep likely.
Outside the mapped floodplain.
578 ft of deeded road frontage.
Service extension needed; get a utility quote.
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 $897 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-881440 Paved · Off grid | 4.1 | Nov 1, 2025 | $6,000 | 1,460 | 1,268 | 2.3 mi | 80 |
| NM-603270 Gravel · Full utilities | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,463 | 2.8 mi | 78 |
| NM-252058 Gravel · Power at road | 6.4 | Aug 20, 2025 | $9,500 | 1,477 | 1,324 | 10.1 mi | 78 |
| NM-791526 Dirt · Full utilities | 4.4 | Dec 31, 2025 | $8,000 | 1,832 | 1,514 | 10.9 mi | 75 |
| NM-810899 Landlocked · Full utilities | 2.8 | Mar 16, 2025 | $3,400 | 1,212 | 1,289 | 8.3 mi | 69 |
| NM-580589 Gravel · Off grid | 2.2 | Nov 2, 2024 | $2,000 | 897 | 939 | 13.2 mi | 66 |
| NM-501293 Paved · Full utilities | 3.7 | Oct 27, 2024 | $11,400 | 3,080 | 1,932 | 15.0 mi | 63 |
| NM-530463 Landlocked · Off grid | 2.0 | Feb 26, 2024 | $1,600 | 782 | 1,234 | 3.0 mi | 62 |
| NM-733093 Dirt · Full utilities | 13.6 | Sep 24, 2024 | $13,400 | 985 | 924 | 8.3 mi | 62 |
Show adjustment detail for the top comp
- Tract size (4.12 ac → 5.02 ac)-0.8%
- Access (Paved → Gravel)-15.3%
- Market time (9 mo)+3.3%
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.