NM-133800
1077 County Road 151
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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?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
920 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 $17,400 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-493007 Landlocked · Off grid | 12.8 | Jul 27, 2026 | $9,700 | 760 | 1,236 | 9.3 mi | 75 |
| NM-933558 Dirt · Power at road | 19.1 | Jul 30, 2025 | $19,400 | 1,014 | 1,207 | 9.4 mi | 72 |
| NM-283171 Gravel · Power at road | 14.4 | Jan 1, 2026 | $23,000 | 1,592 | 1,550 | 11.0 mi | 69 |
| NM-484386 Landlocked · Off grid | 34.8 | Jun 19, 2025 | $14,900 | 429 | 834 | 10.9 mi | 68 |
| NM-942289 Dirt · Off grid | 7.6 | May 16, 2026 | $4,600 | 609 | 758 | 11.1 mi | 67 |
| NM-705001 Dirt · Off grid | 54.3 | Dec 13, 2025 | $46,200 | 850 | 1,394 | 10.0 mi | 67 |
| NM-595465 Dirt · Power at road | 76.0 | Jul 27, 2026 | $60,600 | 797 | 1,165 | 9.2 mi | 66 |
| NM-434187 Dirt · Power at road | 30.1 | Nov 9, 2024 | $24,700 | 820 | 1,071 | 11.0 mi | 66 |
| NM-965496 Gravel · Full utilities | 77.7 | Dec 18, 2025 | $94,800 | 1,220 | 1,296 | 7.1 mi | 62 |
| NM-215056 Landlocked · Full utilities | 56.5 | Mar 13, 2025 | $28,300 | 500 | 751 | 6.3 mi | 61 |
Show adjustment detail for the top comp
- Tract size (12.81 ac → 22.75 ac)-6.5%
- Access (Landlocked → Paved)+73.5%
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.