NM-139242
5926 County Road 383
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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?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
4,154 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 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 $318,700 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-829707 Landlocked · Off grid | 1641.8 | Jul 27, 2026 | $483,700 | 295 | 483 | 1.5 mi | 89 |
| NM-728914 Gravel · Power at road | 924.3 | Oct 5, 2025 | $528,400 | 572 | 468 | 6.3 mi | 77 |
| NM-177858 Gravel · Off grid | 430.1 | Feb 27, 2026 | $332,500 | 773 | 580 | 4.5 mi | 72 |
| NM-219889 Landlocked · Power at road | 1873.2 | Sep 29, 2025 | $407,300 | 217 | 326 | 5.0 mi | 72 |
| NM-289739 Paved · Power at road | 1680.3 | Mar 7, 2026 | $931,200 | 554 | 455 | 12.6 mi | 71 |
| NM-129986 Paved · Power at road | 2009.5 | Jul 28, 2025 | $1,323,500 | 659 | 587 | 10.1 mi | 70 |
| NM-699872 Dirt · Power at road | 1850.2 | Jun 9, 2024 | $725,100 | 392 | 488 | 2.1 mi | 67 |
| NM-937557 Dirt · Power at road | 345.9 | Apr 13, 2025 | $335,200 | 969 | 698 | 5.8 mi | 64 |
| NM-959913 Dirt · Full utilities | 1906.0 | Apr 4, 2025 | $831,900 | 436 | 435 | 14.4 mi | 63 |
Show adjustment detail for the top comp
- Tract size (1641.78 ac → 1172.25 ac)+11.1%
- Access (Landlocked → Gravel)+47.1%
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.
