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Doña Ana County, NM · Sold

NM-335986

3642 County Road 117

$137,700
$1,242/ac · 111 ac
Acreage111 ac
Price per acre$1,242/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyMixed
ListedMar 25, 2026
Coordinates32.3679, -106.7038
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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
Wetlands17.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,952 ft of deeded road frontage.

Power36 ft away

Power at or near the road.

Buildable area87.18 of 110.83 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$161,480
$122,541$200,418 · $1,457/ac on 111 ac
Asking vs estimate
-14.7%
Priced below the comp set

Weighted from 9 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 $137,700
Maximum allowable offer
$92,274
$833/ac · +30.0% target margin

You need $45,426 off asking to hit this margin.

All-in cost$100,117
Net resale$148,562
Projected profit$48,444
ROI+48.4%
Annualized+69.3%
Break-even resale$982/ac
Profit if resale lands off target
-20%
$18,732
-10%
$33,588
0%
$48,444
+10%
$63,300
+20%
$78,157
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-126161
Landlocked · Off grid
125.8Jan 28, 2026$100,2007961,4554.9 mi
79
NM-785875
Dirt · Full utilities
102.3Jan 30, 2026$217,4002,1262,03110.6 mi
77
NM-706354
Dirt · Full utilities
144.7Jul 27, 2026$210,6001,4561,49013.6 mi
77
NM-505335
Landlocked · Off grid
69.2Jul 27, 2026$44,30064099211.3 mi
75
NM-856749
Dirt · Power at road
192.6Oct 2, 2025$227,0001,1791,6451.7 mi
74
NM-874741
Landlocked · Power at road
45.0Jul 27, 2026$37,5008341,00516.8 mi
72
NM-656738
Dirt · Power at road
191.1Sep 3, 2024$233,5001,2221,7766.7 mi
66
NM-585464
Landlocked · Full utilities
75.9Mar 6, 2024$64,6008511,03310.6 mi
62
NM-377224
Gravel · Off grid
271.7Feb 20, 2025$282,4001,0391,65711.4 mi
61
Show adjustment detail for the top comp
  • Tract size (125.8 ac → 110.83 ac)+3.3%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (7 mo)+2.3%

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.