NM-573516
8918 County Road 312
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Hidalgo County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Hidalgo market data →Step 1 · Is this a deal?
4 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
Access by easement; pull and read the recorded document.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $34,010 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-652867 Gravel · Power at road | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 3,340 | 4.3 mi | 79 |
| NM-233821 Dirt · Off grid | 23.1 | Jun 27, 2026 | $20,200 | 873 | 1,779 | 13.1 mi | 76 |
| NM-373561 Gravel · Off grid | 19.1 | Nov 28, 2025 | $22,300 | 1,166 | 2,042 | 17.0 mi | 73 |
| NM-953127 Landlocked · Power at road | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 2,172 | 13.7 mi | 72 |
| NM-324596 Paved · Power at road | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 3,682 | 8.9 mi | 72 |
| NM-543793 Gravel · Power at road | 22.6 | Sep 18, 2023 | $31,300 | 1,382 | 2,291 | 2.1 mi | 70 |
| NM-204305 Landlocked · Off grid | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 3,015 | 17.3 mi | 64 |
| NM-655226 Dirt · Full utilities | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 3,830 | 16.0 mi | 59 |
| NM-644655 Landlocked · Power at road | 42.3 | Oct 26, 2024 | $36,900 | 873 | 2,260 | 9.9 mi | 59 |
| NM-614951 Gravel · Off grid | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 2,763 | 11.0 mi | 58 |
Show adjustment detail for the top comp
- Tract size (11.57 ac → 18.52 ac)-4.8%
- Access (Gravel → Paved)+18.0%
- Utilities (Power at road → Full utilities)+22.0%
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.