NM-507355
3298 County Road 23
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.
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?
4 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.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 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 $143,990 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-567846 Gravel · Off grid | 426.4 | Apr 17, 2026 | $195,700 | 459 | 413 | 6.3 mi | 76 |
| NM-167497 Paved · Off grid | 331.1 | Oct 16, 2025 | $179,700 | 543 | 392 | 15.7 mi | 72 |
| NM-287190 Gravel · Off grid | 265.1 | Mar 15, 2025 | $124,200 | 469 | 384 | 14.4 mi | 69 |
| NM-906278 Gravel · Off grid | 136.9 | Mar 18, 2026 | $114,800 | 839 | 549 | 11.6 mi | 66 |
| NM-268589 Dirt · Power at road | 730.4 | Feb 23, 2025 | $346,600 | 474 | 521 | 4.2 mi | 65 |
| NM-988464 Landlocked · Off grid | 667.2 | Aug 20, 2024 | $305,900 | 458 | 743 | 11.3 mi | 60 |
Show adjustment detail for the top comp
- Tract size (426.4 ac → 298.78 ac)+11.1%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Off grid → Power at road)+17.6%
- Market time (4 mo)+1.4%
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.