NM-931084
1227 County Road 387
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.
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.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $608 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-870437 Gravel · Power at road | 2.0 | Jul 27, 2026 | $4,400 | 2,187 | 1,473 | 9.4 mi | 77 |
| NM-500545 Dirt · Full utilities | 2.1 | Jul 27, 2026 | $4,400 | 2,038 | 1,310 | 14.0 mi | 74 |
| NM-431881 Dirt · Power at road | 5.7 | Jul 25, 2025 | $11,200 | 1,975 | 1,669 | 1.4 mi | 73 |
| NM-461856 Landlocked · Power at road | 5.6 | Aug 17, 2024 | $6,000 | 1,075 | 1,191 | 13.4 mi | 69 |
| NM-142468 Paved · Off grid | 8.7 | Sep 23, 2025 | $18,600 | 2,144 | 1,584 | 9.1 mi | 62 |
| NM-212689 Gravel · Off grid | 10.2 | Jan 20, 2025 | $10,600 | 1,041 | 944 | 9.0 mi | 61 |
Show adjustment detail for the top comp
- Tract size (1.99 ac → 3.18 ac)-1.2%
- Access (Gravel → Landlocked)-32.0%
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.