NM-268589
8803 County Road 83
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Socorro County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Socorro market data →Step 1 · Is this a deal?
3 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.
6,701 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 9 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 $114,379 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-389218 Gravel · Off grid | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 585 | 8.7 mi | 80 |
| NM-619433 Gravel · Power at road | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 587 | 1.5 mi | 80 |
| NM-567846 Gravel · Off grid | 426.4 | Apr 17, 2026 | $195,700 | 459 | 400 | 2.9 mi | 75 |
| NM-919810 Dirt · Off grid | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 560 | 7.6 mi | 72 |
| NM-988464 Landlocked · Off grid | 667.2 | Aug 20, 2024 | $305,900 | 458 | 719 | 7.4 mi | 71 |
| NM-409702 Gravel · Off grid | 1635.8 | Jul 27, 2026 | $681,800 | 417 | 543 | 13.6 mi | 68 |
| NM-507355 Landlocked · Power at road | 298.8 | Dec 12, 2024 | $213,000 | 713 | 738 | 4.2 mi | 64 |
| NM-167497 Paved · Off grid | 331.1 | Oct 16, 2025 | $179,700 | 543 | 379 | 11.7 mi | 63 |
| NM-287190 Gravel · Off grid | 265.1 | Mar 15, 2025 | $124,200 | 469 | 371 | 11.6 mi | 62 |
Show adjustment detail for the top comp
- Tract size (1152.04 ac → 730.43 ac)+15.2%
- Access (Gravel → Dirt)-14.0%
- Utilities (Off grid → Power at road)+17.6%
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.