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Sierra County, NM · Sold

NM-851473

5302 County Road 168

$7,400
$1,758/ac · 4.21 ac
Acreage4.21 ac
Price per acre$1,758/ac
ZoningAgricultural
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedApr 30, 2025
Coordinates33.2413, -107.3011
Loading terrain…
County GIS boundary

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.

County market

Sierra County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Sierra market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
11
Low risk
Wetlands4.0% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area3.84 of 4.21 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,935
$6,764$9,106 · $1,885/ac on 4.21 ac
Asking vs estimate
-6.7%
Priced below the comp set

Weighted from 4 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $7,400
Maximum allowable offer
$4,534
$1,077/ac · +30.0% target margin

You need $2,866 off asking to hit this margin.

All-in cost$4,919
Net resale$7,300
Projected profit$2,381
ROI+48.4%
Annualized+69.3%
Break-even resale$1,270/ac
Profit if resale lands off target
-20%
$921
-10%
$1,651
0%
$2,381
+10%
$3,111
+20%
$3,841
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-740355
Paved · Full utilities
1.9Jul 27, 2026$4,1002,2051,57416.1 mi
74
NM-922317
Paved · Off grid
7.8Jan 8, 2024$14,9001,9232,3047.1 mi
61
NM-663392
Paved · Full utilities
16.9Aug 8, 2025$39,5002,3331,96214.7 mi
56
NM-494569
Gravel · Power at road
39.7Mar 26, 2026$52,1001,3121,75611.5 mi
55
Show adjustment detail for the top comp
  • Tract size (1.88 ac → 4.21 ac)-2.2%
  • Access (Paved → Dirt)-27.1%

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.