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Doña Ana County, NM · Sold

NM-212689

9773 County Road 198

$11,500
$1,131/ac · 10.17 ac
Acreage10.17 ac
Price per acre$1,131/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 23, 2024
Coordinates32.3441, -106.9272
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

1 item to verify before you offer.

Risk index
15
Low risk
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope9.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

591 ft of deeded road frontage.

Power2,924 ft away

Service extension needed; get a utility quote.

Buildable area8.81 of 10.17 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,115
$12,103$20,127 · $1,585/ac on 10.17 ac
Asking vs estimate
-28.6%
Priced below the comp set

Weighted from 8 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 $11,500
Maximum allowable offer
$9,209
$905/ac · +30.0% target margin

You need $2,291 off asking to hit this margin.

All-in cost$9,992
Net resale$14,826
Projected profit$4,834
ROI+48.4%
Annualized+69.2%
Break-even resale$1,068/ac
Profit if resale lands off target
-20%
$1,869
-10%
$3,351
0%
$4,834
+10%
$6,317
+20%
$7,799
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-902923
Landlocked · Full utilities
12.1Jul 27, 2026$15,0001,2431,2953.9 mi
83
NM-142468
Paved · Off grid
8.7Sep 23, 2025$18,6002,1441,86313.7 mi
73
NM-583123
Dirt · Off grid
13.9Sep 30, 2024$14,2001,0181,3142.9 mi
72
NM-503259
Dirt · Power at road
15.4Oct 30, 2024$21,6001,4071,5543.4 mi
69
NM-431881
Dirt · Power at road
5.7Jul 25, 2025$11,2001,9751,9637.5 mi
66
NM-363640
Dirt · Off grid
20.3Oct 3, 2025$36,4001,7972,32611.2 mi
66
NM-931084
Landlocked · Power at road
3.2Nov 23, 2025$2,7008411,0199.0 mi
66
NM-461856
Landlocked · Power at road
5.6Aug 17, 2024$6,0001,0751,40113.5 mi
63
Show adjustment detail for the top comp
  • Tract size (12.05 ac → 10.17 ac)+1.5%
  • Access (Landlocked → Gravel)+47.1%
  • 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.