NM-634763
9321 County Road 285
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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.
Steep ground — expect meaningful site work to build.
Outside the mapped floodplain.
758 ft of deeded road frontage.
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 10 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 $13,159 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 | 696 | 1.7 mi | 86 |
| NM-914112 Gravel · Power at road | 28.5 | Dec 11, 2025 | $44,900 | 1,574 | 1,267 | 4.7 mi | 75 |
| NM-386093 Gravel · Power at road | 119.8 | May 5, 2026 | $108,700 | 908 | 971 | 9.9 mi | 73 |
| NM-284457 Paved · Off grid | 36.6 | Mar 7, 2025 | $62,300 | 1,703 | 1,469 | 7.4 mi | 73 |
| NM-603270 Gravel · Full utilities | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,144 | 8.3 mi | 71 |
| NM-724577 Gravel · Full utilities | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 861 | 23.3 mi | 69 |
| NM-664932 Dirt · Full utilities | 51.6 | Mar 22, 2024 | $61,200 | 1,185 | 1,083 | 9.6 mi | 68 |
| NM-396182 Dirt · Off grid | 127.7 | Sep 2, 2025 | $72,100 | 565 | 864 | 11.1 mi | 62 |
| NM-445526 Paved · Full utilities | 79.4 | Feb 29, 2024 | $116,700 | 1,469 | 1,077 | 10.3 mi | 61 |
| NM-563867 Landlocked · Off grid | 23.9 | Sep 20, 2024 | $13,400 | 562 | 801 | 17.5 mi | 59 |
Show adjustment detail for the top comp
- Tract size (36.82 ac → 45.7 ac)-3.9%
- Access (Dirt → Gravel)+16.3%
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.