NM-922317
374 County Road 383
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
648 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 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 $10,670 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-851473 Dirt · Full utilities | 4.2 | Dec 12, 2025 | $6,800 | 1,619 | 1,542 | 7.1 mi | 69 |
| NM-663392 Paved · Full utilities | 16.9 | Aug 8, 2025 | $39,500 | 2,333 | 1,817 | 8.7 mi | 66 |
| NM-740355 Paved · Full utilities | 1.9 | Jul 27, 2026 | $4,100 | 2,205 | 1,458 | 12.2 mi | 66 |
| NM-124965 Dirt · Power at road | 52.9 | Jul 27, 2026 | $72,200 | 1,366 | 2,053 | 5.9 mi | 63 |
| NM-494569 Gravel · Power at road | 39.7 | Mar 26, 2026 | $52,100 | 1,312 | 1,627 | 7.2 mi | 61 |
Show adjustment detail for the top comp
- Tract size (4.21 ac → 7.77 ac)-3.1%
- Access (Dirt → Paved)+37.2%
- Utilities (Full utilities → Off grid)-30.3%
- 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.