← New search
Doña Ana County, NM · Sold

NM-503259

6354 County Road 348

$24,400
$1,588/ac · 15.37 ac
Acreage15.37 ac
Price per acre$1,588/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedOct 3, 2023
Coordinates32.3179, -106.9774
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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

519 ft of deeded road frontage.

Power229 ft away

Power at or near the road.

Buildable area11.90 of 15.37 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,303
$17,279$29,327 · $1,516/ac on 15.37 ac
Asking vs estimate
+4.7%
In line with 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 $24,400
Maximum allowable offer
$13,316
$866/ac · +30.0% target margin

You need $11,084 off asking to hit this margin.

All-in cost$14,448
Net resale$21,439
Projected profit$6,991
ROI+48.4%
Annualized+69.2%
Break-even resale$1,022/ac
Profit if resale lands off target
-20%
$2,703
-10%
$4,847
0%
$6,991
+10%
$9,135
+20%
$11,278
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-902923
Landlocked · Full utilities
12.1Jul 27, 2026$15,0001,2431,2600.5 mi
85
NM-583123
Dirt · Off grid
13.9Sep 30, 2024$14,2001,0181,2785.0 mi
75
NM-874741
Landlocked · Power at road
45.0Jul 27, 2026$37,5008341,2427.0 mi
72
NM-363640
Dirt · Off grid
20.3Oct 3, 2025$36,4001,7972,26414.7 mi
71
NM-212689
Gravel · Off grid
10.2Jan 20, 2025$10,6001,0411,0803.4 mi
70
NM-431881
Dirt · Power at road
5.7Jul 25, 2025$11,2001,9751,9108.5 mi
66
NM-142468
Paved · Off grid
8.7Sep 23, 2025$18,6002,1441,81216.4 mi
63
NM-461856
Landlocked · Power at road
5.6Aug 17, 2024$6,0001,0751,36316.9 mi
54
Show adjustment detail for the top comp
  • Tract size (12.05 ac → 15.37 ac)-2.4%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Full utilities → Power at road)-18.0%

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.