Eddy County, NM · Sold

NM-443172

1359 County Road 226

$32,300

$2,238/ac · 14.43 ac

Offer report Market this tract

Acreage14.43 ac

Price per acre$2,238/ac

ZoningResidential

Road accessGravel

UtilitiesFull utilities

TopographySloped

ListedJun 1, 2025

Coordinates32.4987, -104.2440

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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

Low risk

Wetlands2.1% of tract

Little to no mapped wetland coverage.

Average slope30.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

967 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area8.48 of 14.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$25,827

$22,002 – $29,651 · $1,790/ac on 14.43 ac

Asking vs estimate

+25.1%

Priced above the comp set

Weighted from 8 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 $32,300

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$14,758

$1,023/ac · +30.0% target margin

You need $17,542 off asking to hit this margin.

All-in cost$16,012

Net resale$23,760

Projected profit$7,748

ROI+48.4%

Annualized+69.3%

Break-even resale$1,206/ac

Profit if resale lands off target

-20%

$2,996

-10%

$5,372

$7,748

+10%

$10,124

+20%

$12,500

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-324113 Gravel · Full utilities	28.5	Jul 27, 2026	$51,200	1,796	1,966	9.5 mi	77
NM-722668 Gravel · Power at road	10.0	Nov 11, 2024	$14,200	1,421	1,800	2.3 mi	73
NM-563848 Dirt · Off grid	23.6	May 1, 2025	$18,900	804	1,502	4.5 mi	69
NM-952816 Gravel · Power at road	11.2	Dec 3, 2024	$14,500	1,301	1,659	11.9 mi	69
NM-782760 Dirt · Full utilities	10.7	Apr 4, 2024	$14,100	1,318	1,639	9.7 mi	66
NM-704848 Paved · Off grid	48.6	Jul 27, 2026	$51,500	1,060	1,552	14.1 mi	64
NM-561460 Paved · Off grid	4.2	Jun 3, 2024	$8,200	1,970	2,408	4.4 mi	61
NM-304260 Dirt · Power at road	31.7	Dec 25, 2024	$34,500	1,086	1,830	11.5 mi	59

Show adjustment detail for the top comp

Tract size (28.53 ac → 14.43 ac)+9.2%

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.

Build the listing kit Post a deal or JV