NM-386093
273 County Road 4
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?
No material red flags on the mapped layers.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
2,707 ft of deeded road frontage.
Power at or near the road.
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 $69,675 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-396182 Dirt · Off grid | 127.7 | Sep 2, 2025 | $72,100 | 565 | 817 | 6.1 mi | 77 |
| NM-634763 Gravel · Off grid | 45.7 | Jan 25, 2026 | $37,500 | 821 | 794 | 9.9 mi | 71 |
| NM-624465 Dirt · Off grid | 36.8 | Jul 27, 2026 | $22,900 | 621 | 658 | 9.7 mi | 66 |
| NM-445526 Paved · Full utilities | 79.4 | Feb 29, 2024 | $116,700 | 1,469 | 1,018 | 7.7 mi | 64 |
| NM-966438 Dirt · Full utilities | 153.8 | Jan 27, 2024 | $102,400 | 666 | 750 | 14.3 mi | 63 |
| NM-664932 Dirt · Full utilities | 51.6 | Mar 22, 2024 | $61,200 | 1,185 | 1,024 | 5.0 mi | 60 |
| NM-284457 Paved · Off grid | 36.6 | Mar 7, 2025 | $62,300 | 1,703 | 1,390 | 5.6 mi | 59 |
| NM-724577 Gravel · Full utilities | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 814 | 19.1 mi | 57 |
| NM-737793 Gravel · Off grid | 410.3 | May 19, 2024 | $199,300 | 486 | 883 | 13.8 mi | 54 |
Show adjustment detail for the top comp
- Tract size (127.73 ac → 119.76 ac)+1.7%
- Access (Dirt → Gravel)+16.3%
- Utilities (Off grid → Power at road)+17.6%
- Market time (11 mo)+4.0%
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.