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Luna County, NM · Sold

NM-295717

7437 County Road 328

$194,400
$2,132/ac · 91.20 ac
Acreage91.20 ac
Price per acre$2,132/ac
ZoningMixed Use
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedDec 1, 2025
Coordinates32.2656, -107.6005
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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

1 item to verify before you offer.

Risk index
9
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope3.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,873 ft of deeded road frontage.

Power5,612 ft away

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

Buildable area81.79 of 91.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$131,245
$98,737$163,754 · $1,439/ac on 91.20 ac
Asking vs estimate
+48.1%
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 $194,400
Maximum allowable offer
$74,997
$822/ac · +30.0% target margin

You need $119,403 off asking to hit this margin.

All-in cost$81,372
Net resale$120,746
Projected profit$39,374
ROI+48.4%
Annualized+69.3%
Break-even resale$970/ac
Profit if resale lands off target
-20%
$15,225
-10%
$27,299
0%
$39,374
+10%
$51,449
+20%
$63,523
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-475853
Paved · Off grid
100.7Oct 3, 2025$175,8001,7471,85414.5 mi
81
NM-205855
Paved · Off grid
100.8Dec 11, 2024$138,3001,3721,50511.7 mi
74
NM-295565
Gravel · Off grid
81.7Nov 9, 2023$57,9007099098.4 mi
70
NM-916574
Dirt · Power at road
169.7Mar 27, 2025$135,6007991,1573.8 mi
67
NM-574571
Dirt · Off grid
39.8Apr 8, 2025$56,9001,4301,73821.5 mi
57
Show adjustment detail for the top comp
  • Tract size (100.65 ac → 91.2 ac)+2.4%
  • Market time (10 mo)+3.6%

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.