Sierra County, NM · Sold

NM-129986

3646 County Road 175

$1,530,000

$761/ac · 2,010 ac

Offer report Market this tract

Acreage2,010 ac

Price per acre$761/ac

ZoningResidential

Road accessPaved

UtilitiesPower at road

TopographyMixed

ListedNov 18, 2024

Coordinates33.2133, -107.1735

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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

No material red flags on the mapped layers.

Risk index

Low risk

Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

11,030 ft of deeded road frontage.

Power168 ft away

Power at or near the road.

Buildable area1741.05 of 2009.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,097,497

$904,926 – $1,290,068 · $546/ac on 2,010 ac

Asking vs estimate

+39.4%

Priced above the comp set

Weighted from 7 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 $1,530,000

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$627,141

$312/ac · +30.0% target margin

You need $902,859 off asking to hit this margin.

All-in cost$680,448

Net resale$1,009,697

Projected profit$329,249

ROI+48.4%

Annualized+69.2%

Break-even resale$368/ac

Profit if resale lands off target

-20%

$127,310

-10%

$228,280

$329,249

+10%

$430,219

+20%

$531,189

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-829707 Landlocked · Off grid	1641.8	Jul 27, 2026	$483,700	295	566	8.7 mi	84
NM-289739 Paved · Power at road	1680.3	Mar 7, 2026	$931,200	554	534	11.3 mi	80
NM-219889 Landlocked · Power at road	1873.2	Sep 29, 2025	$407,300	217	383	8.6 mi	78
NM-959913 Dirt · Full utilities	1906.0	Apr 4, 2025	$831,900	436	510	4.3 mi	76
NM-699872 Dirt · Power at road	1850.2	Jun 9, 2024	$725,100	392	572	10.5 mi	70
NM-728914 Gravel · Power at road	924.3	Oct 5, 2025	$528,400	572	548	9.5 mi	67
NM-139242 Gravel · Off grid	1172.3	Apr 28, 2024	$677,100	578	743	10.1 mi	65

Show adjustment detail for the top comp

Tract size (1641.78 ac → 2009.52 ac)-6.2%
Access (Landlocked → Paved)+73.5%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV