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Eddy County, NM · Sold

NM-806065

4912 County Road 60

$165,700
$1,412/ac · 117 ac
Acreage117 ac
Price per acre$1,412/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedSep 30, 2023
Coordinates32.4025, -104.4404
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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

4 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands21.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area87.07 of 117.35 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$117,062
$93,947$140,177 · $998/ac on 117 ac
Asking vs estimate
+41.5%
Priced above the comp set

Weighted from 10 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 $165,700
Maximum allowable offer
$66,893
$570/ac · +30.0% target margin

You need $98,807 off asking to hit this margin.

All-in cost$72,579
Net resale$107,697
Projected profit$35,118
ROI+48.4%
Annualized+69.2%
Break-even resale$672/ac
Profit if resale lands off target
-20%
$13,579
-10%
$24,349
0%
$35,118
+10%
$45,888
+20%
$56,658
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-565918
Landlocked · Off grid
105.5Jul 27, 2026$96,3009131,27818.6 mi
80
NM-925514
Paved · Power at road
78.7Jul 27, 2026$112,7001,4329156.5 mi
78
NM-327257
Gravel · Full utilities
278.3Jul 27, 2026$230,8008297163.8 mi
75
NM-767211
Gravel · Off grid
269.2Jul 27, 2026$202,7007539244.2 mi
73
NM-305982
Gravel · Off grid
110.5May 22, 2025$122,3001,1071,11918.7 mi
73
NM-704848
Paved · Off grid
48.6Jul 27, 2026$51,5001,0607194.8 mi
72
NM-597619
Landlocked · Power at road
361.8Jun 25, 2025$219,7006071,0627.2 mi
63
NM-166741
Dirt · Full utilities
191.5Jul 11, 2024$222,7001,1631,14012.7 mi
63
NM-407781
Dirt · Power at road
406.8Nov 13, 2025$368,3009051,27615.2 mi
58
NM-867686
Dirt · Power at road
379.7Mar 17, 2024$223,80058986912.8 mi
56
Show adjustment detail for the top comp
  • Tract size (105.5 ac → 117.35 ac)-2.6%
  • 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.