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Guadalupe County, NM · Sold

NM-948693

2191 County Road 38

$680,600
$864/ac · 788 ac
Acreage788 ac
Price per acre$864/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedDec 11, 2024
Coordinates34.8990, -104.8443
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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

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

View Guadalupe market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
45
Moderate risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.1%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area640.46 of 787.58 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$641,273
$546,896$735,649 · $814/ac on 788 ac
Asking vs estimate
+6.1%
Priced above 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 $680,600
Maximum allowable offer
$366,442
$465/ac · +30.0% target margin

You need $314,158 off asking to hit this margin.

All-in cost$397,590
Net resale$589,971
Projected profit$192,381
ROI+48.4%
Annualized+69.2%
Break-even resale$549/ac
Profit if resale lands off target
-20%
$74,387
-10%
$133,384
0%
$192,381
+10%
$251,378
+20%
$310,375
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-548874
Gravel · Full utilities
897.9Oct 17, 2025$965,2001,0757886.8 mi
78
NM-328145
Dirt · Power at road
529.5Sep 6, 2025$361,20068260613.1 mi
68
NM-135582
Gravel · Full utilities
82.7Jul 27, 2026$206,1002,4929015.9 mi
64
NM-526302
Gravel · Full utilities
139.3Oct 31, 2025$284,6002,0438677.3 mi
59
NM-585383
Dirt · Power at road
71.6Apr 9, 2026$135,5001,89295011.1 mi
55
Show adjustment detail for the top comp
  • Tract size (897.93 ac → 787.58 ac)+4.1%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (10 mo)+3.5%

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.