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Eddy County, NM · Sold

NM-327257

9568 County Road 358

$281,500
$1,012/ac · 278 ac
Acreage278 ac
Price per acre$1,012/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedDec 11, 2025
Coordinates32.3496, -104.4224
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

Eddy County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Eddy market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope22.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,466 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area157.80 of 278.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$361,365
$299,107$423,623 · $1,298/ac on 278 ac
Asking vs estimate
-22.1%
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 $281,500
Maximum allowable offer
$206,494
$742/ac · +30.0% target margin

You need $75,006 off asking to hit this margin.

All-in cost$224,046
Net resale$332,456
Projected profit$108,410
ROI+48.4%
Annualized+69.3%
Break-even resale$875/ac
Profit if resale lands off target
-20%
$41,919
-10%
$75,164
0%
$108,410
+10%
$141,655
+20%
$174,901
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-767211
Gravel · Off grid
269.2Jul 27, 2026$202,7007531,0737.8 mi
86
NM-618651
Dirt · Power at road
764.0Jun 28, 2026$440,6005771,1142.4 mi
72
NM-597619
Landlocked · Power at road
361.8Jun 25, 2025$219,7006071,23311.0 mi
69
NM-166741
Dirt · Full utilities
191.5Jul 11, 2024$222,7001,1631,32414.9 mi
68
NM-407781
Dirt · Power at road
406.8Nov 13, 2025$368,3009051,48117.9 mi
66
NM-565918
Landlocked · Off grid
105.5Jul 27, 2026$96,3009131,48420.1 mi
64
NM-806065
Landlocked · Full utilities
117.3Sep 24, 2024$165,0001,4061,7633.8 mi
64
NM-867686
Dirt · Power at road
379.7Mar 17, 2024$223,8005891,00913.7 mi
62
NM-305982
Gravel · Off grid
110.5May 22, 2025$122,3001,1071,30020.2 mi
59
Show adjustment detail for the top comp
  • Tract size (269.18 ac → 278.3 ac)-1.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.