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Sierra County, NM · Sold

NM-937557

3510 County Road 184

$320,500
$927/ac · 346 ac
Acreage346 ac
Price per acre$927/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedMay 1, 2024
Coordinates33.0546, -107.0899
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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
22
Low risk
Wetlands20.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.7%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

3,584 ft of deeded road frontage.

Power211 ft away

Power at or near the road.

Buildable area262.53 of 345.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$289,257
$260,519$317,996 · $836/ac on 346 ac
Asking vs estimate
+10.8%
Priced above the comp set

Weighted from 5 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 $320,500
Maximum allowable offer
$165,290
$478/ac · +30.0% target margin

You need $155,210 off asking to hit this margin.

All-in cost$179,340
Net resale$266,117
Projected profit$86,777
ROI+48.4%
Annualized+69.2%
Break-even resale$564/ac
Profit if resale lands off target
-20%
$33,554
-10%
$60,165
0%
$86,777
+10%
$113,389
+20%
$140,001
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-177858
Gravel · Off grid
430.1Feb 27, 2026$332,5007738518.2 mi
76
NM-357076
Paved · Off grid
244.1Apr 9, 2026$255,8001,04882410.9 mi
73
NM-728914
Gravel · Power at road
924.3Oct 5, 2025$528,4005726862.9 mi
68
NM-766778
Dirt · Full utilities
196.7Jul 20, 2025$243,6001,23990315.2 mi
65
NM-139242
Gravel · Off grid
1172.3Apr 28, 2024$677,1005789305.8 mi
61
Show adjustment detail for the top comp
  • Tract size (430.13 ac → 345.86 ac)+6.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.