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Sierra County, NM · Sold

NM-357076

9056 County Road 190

$277,400
$1,136/ac · 244 ac
Acreage244 ac
Price per acre$1,136/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJan 13, 2026
Coordinates33.0455, -107.2770
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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

2 items to verify before you offer.

Risk index
22
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,864 ft of deeded road frontage.

Power8,454 ft away

A long utility run — price in solar/off-grid instead.

Buildable area208.47 of 244.10 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$275,180
$243,466$306,894 · $1,127/ac on 244 ac
Asking vs estimate
+0.8%
In line with the comp set

Weighted from 6 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 $277,400
Maximum allowable offer
$157,246
$644/ac · +30.0% target margin

You need $120,154 off asking to hit this margin.

All-in cost$170,612
Net resale$253,165
Projected profit$82,554
ROI+48.4%
Annualized+69.2%
Break-even resale$760/ac
Profit if resale lands off target
-20%
$31,920
-10%
$57,237
0%
$82,554
+10%
$107,870
+20%
$133,187
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-177858
Gravel · Off grid
430.1Feb 27, 2026$332,5007731,09814.2 mi
74
NM-766778
Dirt · Full utilities
196.7Jul 20, 2025$243,6001,2391,16412.7 mi
69
NM-937557
Dirt · Power at road
345.9Apr 13, 2025$335,2009691,32110.9 mi
67
NM-124965
Dirt · Power at road
52.9Jul 27, 2026$72,2001,3661,0895.7 mi
66
NM-728914
Gravel · Power at road
924.3Oct 5, 2025$528,4005728868.9 mi
59
NM-139242
Gravel · Off grid
1172.3Apr 28, 2024$677,1005781,20015.0 mi
50
Show adjustment detail for the top comp
  • Tract size (430.13 ac → 244.1 ac)+18.0%
  • Access (Gravel → Paved)+18.0%
  • Market time (6 mo)+1.9%

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.