NM-156586
8734 County Road 5
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Rio Arriba County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Rio Arriba market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
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 $25,403 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-476366 Gravel · Off grid | 145.9 | Jul 27, 2026 | $80,000 | 548 | 421 | 6.2 mi | 82 |
| NM-595465 Dirt · Power at road | 76.0 | Jul 27, 2026 | $60,600 | 797 | 515 | 7.7 mi | 73 |
| NM-996021 Landlocked · Power at road | 113.7 | Dec 24, 2025 | $47,900 | 421 | 388 | 16.3 mi | 72 |
| NM-566080 Gravel · Power at road | 118.6 | Sep 19, 2024 | $104,900 | 885 | 590 | 3.3 mi | 71 |
| NM-265866 Landlocked · Off grid | 101.6 | Dec 15, 2024 | $42,300 | 416 | 457 | 1.6 mi | 71 |
| NM-717247 Dirt · Full utilities | 276.3 | May 19, 2026 | $208,800 | 756 | 566 | 16.9 mi | 69 |
| NM-837572 Dirt · Off grid | 349.6 | Feb 22, 2025 | $180,600 | 517 | 625 | 6.5 mi | 68 |
| NM-868008 Dirt · Full utilities | 479.5 | Jul 27, 2026 | $290,900 | 607 | 530 | 18.5 mi | 68 |
| NM-965496 Gravel · Full utilities | 77.7 | Dec 18, 2025 | $94,800 | 1,220 | 572 | 8.6 mi | 66 |
| NM-705001 Dirt · Off grid | 54.3 | Dec 13, 2025 | $46,200 | 850 | 616 | 13.4 mi | 64 |
Show adjustment detail for the top comp
- Tract size (145.95 ac → 171.16 ac)-4.2%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Off grid → Power at road)+17.6%
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.