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Sierra County, NM · Sold

NM-740355

9423 County Road 162

$4,600
$2,447/ac · 1.88 ac
Acreage1.88 ac
Price per acre$2,447/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographySloped
ListedDec 25, 2025
Coordinates33.1449, -107.0481
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
8
Low risk
Wetlands1.3% of tract

Little to no mapped wetland coverage.

Average slope11.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

323 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.76 of 1.88 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,140
$4,457$5,823 · $2,734/ac on 1.88 ac
Asking vs estimate
-10.5%
Priced below the comp set

Weighted from 3 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 $4,600
Maximum allowable offer
$2,937
$1,562/ac · +30.0% target margin

You need $1,663 off asking to hit this margin.

All-in cost$3,187
Net resale$4,729
Projected profit$1,542
ROI+48.4%
Annualized+69.3%
Break-even resale$1,842/ac
Profit if resale lands off target
-20%
$596
-10%
$1,069
0%
$1,542
+10%
$2,015
+20%
$2,488
Comparable sales3 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-851473
Dirt · Full utilities
4.2Dec 12, 2025$6,8001,6192,33616.1 mi
68
NM-663392
Paved · Full utilities
16.9Aug 8, 2025$39,5002,3332,7535.8 mi
60
NM-922317
Paved · Off grid
7.8Jan 8, 2024$14,9001,9233,23312.2 mi
52
Show adjustment detail for the top comp
  • Tract size (4.21 ac → 1.88 ac)+2.3%
  • Access (Dirt → Paved)+37.2%
  • Market time (8 mo)+2.8%

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.