← New search
Doña Ana County, NM · Sold

NM-856749

5672 County Road 361

$218,900
$1,136/ac · 193 ac
Acreage193 ac
Price per acre$1,136/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedMay 9, 2025
Coordinates32.3453, -106.6926
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

Doña Ana County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Doña Ana market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope26.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,957 ft of deeded road frontage.

Power77 ft away

Power at or near the road.

Buildable area114.29 of 192.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$212,143
$170,445$253,841 · $1,101/ac on 193 ac
Asking vs estimate
+3.2%
In line with the comp set

Weighted from 10 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 $218,900
Maximum allowable offer
$121,224
$629/ac · +30.0% target margin

You need $97,676 off asking to hit this margin.

All-in cost$131,528
Net resale$195,171
Projected profit$63,643
ROI+48.4%
Annualized+69.3%
Break-even resale$742/ac
Profit if resale lands off target
-20%
$24,609
-10%
$44,126
0%
$63,643
+10%
$83,160
+20%
$102,678
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-656738
Dirt · Power at road
191.1Sep 3, 2024$233,5001,2221,3195.4 mi
83
NM-335986
Gravel · Power at road
110.8Jul 27, 2026$147,5001,3319911.7 mi
81
NM-706354
Dirt · Full utilities
144.7Jul 27, 2026$210,6001,4561,10713.5 mi
79
NM-126161
Landlocked · Off grid
125.8Jan 28, 2026$100,2007961,0813.3 mi
76
NM-785875
Dirt · Full utilities
102.3Jan 30, 2026$217,4002,1261,50911.7 mi
70
NM-497749
Dirt · Off grid
397.5Jul 27, 2024$263,0006621,0421.5 mi
68
NM-505335
Landlocked · Off grid
69.2Jul 27, 2026$44,30064073711.6 mi
67
NM-377224
Gravel · Off grid
271.7Feb 20, 2025$282,4001,0391,23110.7 mi
66
NM-218257
Landlocked · Off grid
574.3May 21, 2024$290,1005051,1328.0 mi
60
NM-585464
Landlocked · Full utilities
75.9Mar 6, 2024$64,60085176710.5 mi
55
Show adjustment detail for the top comp
  • Market time (23 mo)+8.2%

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.