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Eddy County, NM · Sold

NM-561460

7603 County Road 266

$9,500
$2,273/ac · 4.18 ac
Acreage4.18 ac
Price per acre$2,273/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedNov 9, 2023
Coordinates32.5418, -104.2997
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

1 item to verify before you offer.

Risk index
18
Low risk
Wetlands9.3% of tract

Little to no mapped wetland coverage.

Average slope7.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

363 ft of deeded road frontage.

Power8,076 ft away

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

Buildable area3.60 of 4.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,443
$5,899$6,988 · $1,542/ac on 4.18 ac
Asking vs estimate
+47.4%
Priced above the comp set

Weighted from 7 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 $9,500
Maximum allowable offer
$3,682
$881/ac · +30.0% target margin

You need $5,818 off asking to hit this margin.

All-in cost$3,995
Net resale$5,928
Projected profit$1,933
ROI+48.4%
Annualized+69.2%
Break-even resale$1,039/ac
Profit if resale lands off target
-20%
$747
-10%
$1,340
0%
$1,933
+10%
$2,526
+20%
$3,119
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-300629
Paved · Off grid
2.3Jul 27, 2026$3,4001,5021,47914.7 mi
75
NM-443172
Gravel · Full utilities
14.4May 30, 2026$29,1002,0191,8214.4 mi
72
NM-110755
Paved · Off grid
2.5Mar 1, 2024$3,4001,3351,4507.7 mi
71
NM-980386
Paved · Off grid
1.9Oct 15, 2025$2,8001,4401,4587.2 mi
71
NM-722668
Gravel · Power at road
10.0Nov 11, 2024$14,2001,4211,6103.8 mi
63
NM-952816
Gravel · Power at road
11.2Dec 3, 2024$14,5001,3011,48316.1 mi
55
NM-782760
Dirt · Full utilities
10.7Apr 4, 2024$14,1001,3181,46513.9 mi
53
Show adjustment detail for the top comp
  • Tract size (2.29 ac → 4.18 ac)-1.8%

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.