NM-124965
5802 County Road 348
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.
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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
Access by easement; pull and read the recorded document.
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 $32,402 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-494569 Gravel · Power at road | 39.7 | Mar 26, 2026 | $52,100 | 1,312 | 1,085 | 5.6 mi | 79 |
| NM-357076 Paved · Off grid | 244.1 | Apr 9, 2026 | $255,800 | 1,048 | 1,337 | 5.7 mi | 63 |
| NM-663392 Paved · Full utilities | 16.9 | Aug 8, 2025 | $39,500 | 2,333 | 1,211 | 3.9 mi | 63 |
| NM-766778 Dirt · Full utilities | 196.7 | Jul 20, 2025 | $243,600 | 1,239 | 1,464 | 10.8 mi | 59 |
| NM-937557 Dirt · Power at road | 345.9 | Apr 13, 2025 | $335,200 | 969 | 1,661 | 6.0 mi | 59 |
| NM-177858 Gravel · Off grid | 430.1 | Feb 27, 2026 | $332,500 | 773 | 1,380 | 8.7 mi | 57 |
| NM-922317 Paved · Off grid | 7.8 | Jan 8, 2024 | $14,900 | 1,923 | 1,422 | 5.9 mi | 50 |
Show adjustment detail for the top comp
- Tract size (39.7 ac → 52.9 ac)-5.4%
- Access (Gravel → Dirt)-14.0%
- Market time (5 mo)+1.6%
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.