NM-142468
1259 County Road 162
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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.
505 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 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 $13,173 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-902923 Landlocked · Full utilities | 12.1 | Jul 27, 2026 | $15,000 | 1,243 | 1,547 | 16.7 mi | 78 |
| NM-212689 Gravel · Off grid | 10.2 | Jan 20, 2025 | $10,600 | 1,041 | 1,326 | 13.7 mi | 70 |
| NM-583123 Dirt · Off grid | 13.9 | Sep 30, 2024 | $14,200 | 1,018 | 1,569 | 11.4 mi | 69 |
| NM-431881 Dirt · Power at road | 5.7 | Jul 25, 2025 | $11,200 | 1,975 | 2,345 | 9.6 mi | 68 |
| NM-461856 Landlocked · Power at road | 5.6 | Aug 17, 2024 | $6,000 | 1,075 | 1,673 | 6.9 mi | 65 |
| NM-363640 Dirt · Off grid | 20.3 | Oct 3, 2025 | $36,400 | 1,797 | 2,779 | 10.0 mi | 65 |
| NM-931084 Landlocked · Power at road | 3.2 | Nov 23, 2025 | $2,700 | 841 | 1,218 | 9.1 mi | 63 |
| NM-503259 Dirt · Power at road | 15.4 | Oct 30, 2024 | $21,600 | 1,407 | 1,857 | 16.4 mi | 59 |
Show adjustment detail for the top comp
- Tract size (12.05 ac → 8.67 ac)+2.7%
- Access (Landlocked → Paved)+73.5%
- 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.