NM-105193
2342 County Road 183
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San Miguel County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View San Miguel market data →Step 1 · Is this a deal?
2 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.
1,196 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 7 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 $33,260 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-646129 Dirt · Off grid | 122.9 | Jul 27, 2026 | $84,500 | 687 | 1,161 | 7.9 mi | 76 |
| NM-573763 Dirt · Power at road | 22.1 | Jun 15, 2026 | $22,300 | 1,006 | 1,029 | 16.2 mi | 71 |
| NM-145383 Gravel · Power at road | 71.6 | Jun 29, 2025 | $103,300 | 1,443 | 1,635 | 16.8 mi | 69 |
| NM-305526 Landlocked · Power at road | 79.4 | Sep 6, 2024 | $63,900 | 804 | 1,416 | 13.7 mi | 65 |
| NM-923964 Gravel · Full utilities | 25.6 | Jan 29, 2026 | $37,700 | 1,471 | 1,100 | 15.2 mi | 64 |
| NM-844281 Gravel · Power at road | 32.2 | Jan 19, 2025 | $25,700 | 797 | 785 | 10.3 mi | 61 |
| NM-186736 Gravel · Off grid | 190.8 | Apr 6, 2024 | $134,600 | 706 | 1,265 | 8.9 mi | 54 |
Show adjustment detail for the top comp
- Tract size (122.92 ac → 62.4 ac)+17.5%
- Utilities (Off grid → Full utilities)+43.5%
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.