NM-802082
6822 County Road 123
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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.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
249 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 $4,355 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-850848 Landlocked · Off grid | 2.7 | Jul 27, 2026 | $2,000 | 760 | 1,271 | 8.2 mi | 75 |
| NM-891981 Paved · Full utilities | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,409 | 12.6 mi | 73 |
| NM-180997 Gravel · Off grid | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 1,796 | 14.3 mi | 71 |
| NM-222806 Gravel · Power at road | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 1,496 | 7.1 mi | 69 |
| NM-292953 Dirt · Full utilities | 12.3 | May 22, 2025 | $17,200 | 1,399 | 1,470 | 12.7 mi | 67 |
| NM-653202 Paved · Power at road | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 1,379 | 19.5 mi | 62 |
| NM-380449 Gravel · Full utilities | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 1,272 | 14.5 mi | 60 |
| NM-953393 Landlocked · Power at road | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,745 | 8.2 mi | 59 |
| NM-223508 Landlocked · Off grid | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,785 | 10.3 mi | 58 |
Show adjustment detail for the top comp
- Tract size (2.68 ac → 6.55 ac)-3.5%
- Access (Landlocked → Gravel)+47.1%
- 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.