NM-377224
5325 County Road 131
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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?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
2,879 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 9 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 $120,243 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-706354 Dirt · Full utilities | 144.7 | Jul 27, 2026 | $210,600 | 1,456 | 992 | 4.4 mi | 80 |
| NM-335986 Gravel · Power at road | 110.8 | Jul 27, 2026 | $147,500 | 1,331 | 888 | 11.4 mi | 71 |
| NM-856749 Dirt · Power at road | 192.6 | Oct 2, 2025 | $227,000 | 1,179 | 1,095 | 10.7 mi | 69 |
| NM-497749 Dirt · Off grid | 397.5 | Jul 27, 2024 | $263,000 | 662 | 934 | 12.2 mi | 69 |
| NM-126161 Landlocked · Off grid | 125.8 | Jan 28, 2026 | $100,200 | 796 | 969 | 8.5 mi | 69 |
| NM-656738 Dirt · Power at road | 191.1 | Sep 3, 2024 | $233,500 | 1,222 | 1,183 | 6.7 mi | 67 |
| NM-568562 Gravel · Full utilities | 716.3 | Feb 27, 2025 | $703,500 | 982 | 970 | 1.8 mi | 66 |
| NM-785875 Dirt · Full utilities | 102.3 | Jan 30, 2026 | $217,400 | 2,126 | 1,353 | 11.3 mi | 63 |
| NM-218257 Landlocked · Off grid | 574.3 | May 21, 2024 | $290,100 | 505 | 1,015 | 14.7 mi | 58 |
Show adjustment detail for the top comp
- Tract size (144.68 ac → 271.73 ac)-16.0%
- Access (Dirt → Gravel)+16.3%
- Utilities (Full utilities → Off grid)-30.3%
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.