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Luna County, NM · Sold

NM-883026

1304 County Road 206

$29,300
$2,257/ac · 12.98 ac
Acreage12.98 ac
Price per acre$2,257/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographySloped
ListedSep 8, 2023
Coordinates32.0816, -107.7469
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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

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

View Luna market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
28
Low risk
Wetlands6.5% of tract

Little to no mapped wetland coverage.

Average slope26.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

564 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area7.28 of 12.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,865
$32,738$46,992 · $3,071/ac on 12.98 ac
Asking vs estimate
-26.5%
Priced below 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 $29,300
Maximum allowable offer
$22,780
$1,755/ac · +30.0% target margin

You need $6,520 off asking to hit this margin.

All-in cost$24,716
Net resale$36,676
Projected profit$11,959
ROI+48.4%
Annualized+69.2%
Break-even resale$2,070/ac
Profit if resale lands off target
-20%
$4,624
-10%
$8,292
0%
$11,959
+10%
$15,627
+20%
$19,295
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-363771
Dirt · Off grid
22.3Jul 27, 2026$22,2009962,09211.2 mi
77
NM-903857
Dirt · Power at road
23.7May 6, 2026$42,3001,7853,2471.2 mi
76
NM-372222
Paved · Power at road
7.3Dec 8, 2023$19,4002,6813,4775.6 mi
64
NM-574571
Dirt · Off grid
39.8Apr 8, 2025$56,9001,4303,4768.4 mi
58
NM-120849
Dirt · Full utilities
2.7Nov 12, 2023$6,3002,3563,3054.0 mi
55
Show adjustment detail for the top comp
  • Tract size (22.27 ac → 12.98 ac)+6.5%
  • Access (Dirt → Paved)+37.2%
  • 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.