NM-120849
7199 County Road 156
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.
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?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
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 4 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 $4,373 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-363771 Dirt · Off grid | 22.3 | Jul 27, 2026 | $22,200 | 996 | 1,664 | 8.3 mi | 64 |
| NM-903857 Dirt · Power at road | 23.7 | May 6, 2026 | $42,300 | 1,785 | 2,583 | 4.2 mi | 64 |
| NM-372222 Paved · Power at road | 7.3 | Dec 8, 2023 | $19,400 | 2,681 | 2,767 | 7.7 mi | 55 |
| NM-883026 Paved · Full utilities | 13.0 | Jan 25, 2024 | $24,900 | 1,921 | 1,693 | 4.0 mi | 55 |
Show adjustment detail for the top comp
- Tract size (22.27 ac → 2.68 ac)+16.2%
- 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.