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Doña Ana County, NM · Sold

NM-899826

7273 County Road 308

$869,700
$486/ac · 1,790 ac
Acreage1,790 ac
Price per acre$486/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedDec 9, 2023
Coordinates32.2548, -106.7353
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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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands10.4% of tract

Little to no mapped wetland coverage.

Average slope7.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power106 ft away

Power at or near the road.

Buildable area1523.30 of 1789.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$886,274
$738,624$1,033,923 · $495/ac on 1,790 ac
Asking vs estimate
-1.9%
In line with the comp set

Weighted from 5 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 $869,700
Maximum allowable offer
$506,442
$283/ac · +30.0% target margin

You need $363,258 off asking to hit this margin.

All-in cost$549,490
Net resale$815,372
Projected profit$265,882
ROI+48.4%
Annualized+69.2%
Break-even resale$334/ac
Profit if resale lands off target
-20%
$102,808
-10%
$184,345
0%
$265,882
+10%
$347,420
+20%
$428,957
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-499879
Landlocked · Off grid
1859.6Oct 15, 2024$508,0002734438.5 mi
76
NM-609969
Gravel · Power at road
1984.9Feb 20, 2025$1,190,6006005669.3 mi
73
NM-109708
Paved · Full utilities
1643.0Jul 30, 2025$999,10060836912.6 mi
72
NM-568562
Gravel · Full utilities
716.3Feb 27, 2025$703,5009825536.3 mi
61
NM-218257
Landlocked · Off grid
574.3May 21, 2024$290,10050557813.3 mi
53
Show adjustment detail for the top comp
  • Tract size (1859.64 ac → 1789.59 ac)+1.2%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (22 mo)+7.7%

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.