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Sierra County, NM · Sold

NM-728914

9102 County Road 301

$629,000
$680/ac · 924 ac
Acreage924 ac
Price per acre$680/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMay 12, 2025
Coordinates33.0802, -107.1297
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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

3 items to verify before you offer.

Risk index
17
Low risk
Wetlands12.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

4,865 ft of deeded road frontage.

Power23 ft away

Power at or near the road.

Buildable area770.98 of 924.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$606,312
$479,696$732,929 · $656/ac on 924 ac
Asking vs estimate
+3.7%
In line with the comp set

Weighted from 9 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 $629,000
Maximum allowable offer
$346,464
$375/ac · +30.0% target margin

You need $282,536 off asking to hit this margin.

All-in cost$375,913
Net resale$557,807
Projected profit$181,894
ROI+48.4%
Annualized+69.2%
Break-even resale$442/ac
Profit if resale lands off target
-20%
$70,332
-10%
$126,113
0%
$181,894
+10%
$237,674
+20%
$293,455
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-219889
Landlocked · Power at road
1873.2Sep 29, 2025$407,3002174141.5 mi
76
NM-829707
Landlocked · Off grid
1641.8Jul 27, 2026$483,7002956115.5 mi
76
NM-289739
Paved · Power at road
1680.3Mar 7, 2026$931,2005545776.4 mi
73
NM-177858
Gravel · Off grid
430.1Feb 27, 2026$332,5007737346.9 mi
71
NM-139242
Gravel · Off grid
1172.3Apr 28, 2024$677,1005788026.3 mi
70
NM-129986
Paved · Power at road
2009.5Jul 28, 2025$1,323,5006597439.5 mi
65
NM-937557
Dirt · Power at road
345.9Apr 13, 2025$335,2009698842.9 mi
65
NM-699872
Dirt · Power at road
1850.2Jun 9, 2024$725,1003926184.5 mi
64
NM-959913
Dirt · Full utilities
1906.0Apr 4, 2025$831,90043655213.2 mi
60
Show adjustment detail for the top comp
  • Tract size (1873.16 ac → 924.33 ac)+24.7%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (11 mo)+3.7%

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.