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Socorro County, NM · Sold

NM-850848

2305 County Road 114

$2,000
$746/ac · 2.68 ac
Acreage2.68 ac
Price per acre$746/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyFlat
ListedMay 15, 2026
Coordinates34.0314, -106.8734
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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

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?

Due diligence

5 items to verify before you offer.

Risk index
47
Moderate risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power11,520 ft away

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

Buildable area2.15 of 2.68 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,529
$2,194$2,865 · $944/ac on 2.68 ac
Asking vs estimate
-20.9%
Priced below 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 $2,000
Maximum allowable offer
$1,445
$539/ac · +30.0% target margin

You need $555 off asking to hit this margin.

All-in cost$1,568
Net resale$2,327
Projected profit$759
ROI+48.4%
Annualized+69.3%
Break-even resale$636/ac
Profit if resale lands off target
-20%
$294
-10%
$527
0%
$759
+10%
$992
+20%
$1,225
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-180997
Gravel · Off grid
3.0Jul 6, 2026$4,7001,5701,0768.9 mi
83
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5399248.2 mi
75
NM-100127
Paved · Power at road
1.6Sep 22, 2025$3,4002,1421,0776.7 mi
73
NM-380449
Gravel · Full utilities
2.0Oct 5, 2025$3,1001,56376210.5 mi
71
NM-891981
Paved · Full utilities
6.1Sep 17, 2025$11,9001,9628447.8 mi
64
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • Market time (1 mo)+0.5%

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.