NM-902923
1338 County Road 172
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
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 7 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 $5,572 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-583123 Dirt · Off grid | 13.9 | Sep 30, 2024 | $14,200 | 1,018 | 1,264 | 5.3 mi | 76 |
| NM-503259 Dirt · Power at road | 15.4 | Oct 30, 2024 | $21,600 | 1,407 | 1,495 | 0.5 mi | 73 |
| NM-212689 Gravel · Off grid | 10.2 | Jan 20, 2025 | $10,600 | 1,041 | 1,068 | 3.9 mi | 73 |
| NM-142468 Paved · Off grid | 8.7 | Sep 23, 2025 | $18,600 | 2,144 | 1,791 | 16.7 mi | 71 |
| NM-363640 Dirt · Off grid | 20.3 | Oct 3, 2025 | $36,400 | 1,797 | 2,237 | 15.2 mi | 65 |
| NM-431881 Dirt · Power at road | 5.7 | Jul 25, 2025 | $11,200 | 1,975 | 1,888 | 8.6 mi | 64 |
| NM-461856 Landlocked · Power at road | 5.6 | Aug 17, 2024 | $6,000 | 1,075 | 1,347 | 17.3 mi | 58 |
Show adjustment detail for the top comp
- Tract size (13.93 ac → 12.05 ac)+1.4%
- Access (Dirt → Landlocked)-20.9%
- Utilities (Off grid → Full utilities)+43.5%
- Market time (23 mo)+7.9%
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.