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Otero County, NM · Sold

NM-810899

6528 County Road 34

$3,700
$1,331/ac · 2.78 ac
Acreage2.78 ac
Price per acre$1,331/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographyWooded
ListedDec 4, 2024
Coordinates32.6993, -105.9240
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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

1 item to verify before you offer.

Risk index
32
Moderate risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area2.53 of 2.78 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,653
$2,835$4,472 · $1,314/ac on 2.78 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 $3,700
Maximum allowable offer
$2,088
$751/ac · +30.0% target margin

You need $1,612 off asking to hit this margin.

All-in cost$2,265
Net resale$3,361
Projected profit$1,096
ROI+48.4%
Annualized+69.2%
Break-even resale$886/ac
Profit if resale lands off target
-20%
$423
-10%
$760
0%
$1,096
+10%
$1,432
+20%
$1,768
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-881440
Paved · Off grid
4.1Nov 1, 2025$6,0001,4601,2646.8 mi
71
NM-161714
Gravel · Off grid
5.0Feb 17, 2025$5,0001,0021,0618.3 mi
68
NM-791526
Dirt · Full utilities
4.4Dec 31, 2025$8,0001,8321,50918.7 mi
68
NM-580589
Gravel · Off grid
2.2Nov 2, 2024$2,00089793621.5 mi
67
NM-530463
Landlocked · Off grid
2.0Feb 26, 2024$1,6007821,23010.2 mi
66
NM-252058
Gravel · Power at road
6.4Aug 20, 2025$9,5001,4771,32013.2 mi
65
NM-501293
Paved · Full utilities
3.7Oct 27, 2024$11,4003,0801,92623.2 mi
62
Show adjustment detail for the top comp
  • Tract size (4.12 ac → 2.78 ac)+1.3%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.