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Luna County, NM · Sold

NM-295565

5270 County Road 214

$69,500
$851/ac · 81.69 ac
Acreage81.69 ac
Price per acre$851/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 1, 2023
Coordinates32.2974, -107.7395
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

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
22
Low risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope4.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,208 ft away

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

Buildable area72.48 of 81.69 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$122,748
$97,757$147,739 · $1,503/ac on 81.69 ac
Asking vs estimate
-43.4%
Priced below the comp set

Weighted from 6 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 $69,500
Maximum allowable offer
$70,142
$859/ac · +30.0% target margin

Asking price already clears your margin by $642.

All-in cost$76,104
Net resale$112,928
Projected profit$36,824
ROI+48.4%
Annualized+69.2%
Break-even resale$1,013/ac
Profit if resale lands off target
-20%
$14,239
-10%
$25,531
0%
$36,824
+10%
$48,117
+20%
$59,410
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-295717
Paved · Off grid
91.2Jul 27, 2026$207,4002,2741,9838.4 mi
84
NM-475853
Paved · Off grid
100.7Oct 3, 2025$175,8001,7471,6136.2 mi
76
NM-205855
Paved · Off grid
100.8Dec 11, 2024$138,3001,3721,30916.2 mi
67
NM-903857
Dirt · Power at road
23.7May 6, 2026$42,3001,7851,41213.9 mi
62
NM-916574
Dirt · Power at road
169.7Mar 27, 2025$135,6007991,0079.3 mi
62
NM-574571
Dirt · Off grid
39.8Apr 8, 2025$56,9001,4301,51217.8 mi
60
Show adjustment detail for the top comp
  • Tract size (91.2 ac → 81.69 ac)+2.6%
  • Access (Paved → Gravel)-15.3%

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.