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Eddy County, NM · Sold

NM-980386

8625 County Road 105

$2,700
$1,406/ac · 1.92 ac
Acreage1.92 ac
Price per acre$1,406/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedSep 13, 2025
Coordinates32.4839, -104.1959
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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

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
19
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power12,038 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1.77 of 1.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,191
$2,666$3,716 · $1,662/ac on 1.92 ac
Asking vs estimate
-15.4%
Priced below 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 $2,700
Maximum allowable offer
$1,823
$950/ac · +30.0% target margin

You need $877 off asking to hit this margin.

All-in cost$1,978
Net resale$2,936
Projected profit$958
ROI+48.4%
Annualized+69.3%
Break-even resale$1,120/ac
Profit if resale lands off target
-20%
$370
-10%
$664
0%
$958
+10%
$1,251
+20%
$1,545
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-300629
Paved · Off grid
2.3Jul 27, 2026$3,4001,5021,51114.4 mi
82
NM-110755
Paved · Off grid
2.5Mar 1, 2024$3,4001,3351,4822.6 mi
74
NM-561460
Paved · Off grid
4.2Jun 3, 2024$8,2001,9702,2007.2 mi
65
NM-722668
Gravel · Power at road
10.0Nov 11, 2024$14,2001,4211,6455.0 mi
55
NM-782760
Dirt · Full utilities
10.7Apr 4, 2024$14,1001,3181,4987.6 mi
50
Show adjustment detail for the top comp

    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.