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Socorro County, NM · Sold

NM-433992

7595 County Road 386

$34,500
$1,320/ac · 26.14 ac
Acreage26.14 ac
Price per acre$1,320/ac
ZoningResidential
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedSep 11, 2024
Coordinates33.9700, -106.7511
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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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands15.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

705 ft of deeded road frontage.

Power12,472 ft away

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

Buildable area20.93 of 26.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,161
$30,921$41,402 · $1,383/ac on 26.14 ac
Asking vs estimate
-4.6%
In line with the comp set

Weighted from 10 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 $34,500
Maximum allowable offer
$20,663
$790/ac · +30.0% target margin

You need $13,837 off asking to hit this margin.

All-in cost$22,419
Net resale$33,268
Projected profit$10,849
ROI+48.4%
Annualized+69.3%
Break-even resale$932/ac
Profit if resale lands off target
-20%
$4,195
-10%
$7,522
0%
$10,849
+10%
$14,176
+20%
$17,502
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-164082
Gravel · Power at road
27.9Nov 5, 2025$40,5001,4511,51816.7 mi
77
NM-653202
Paved · Power at road
14.8Nov 20, 2025$21,8001,4801,2067.6 mi
76
NM-595162
Dirt · Off grid
61.0Jul 27, 2026$57,1009371,50313.1 mi
70
NM-223508
Landlocked · Off grid
18.4Apr 7, 2025$16,4008921,56110.3 mi
69
NM-495018
Dirt · Full utilities
55.0Jul 27, 2026$59,3001,0781,17917.2 mi
68
NM-204529
Paved · Power at road
38.6Dec 3, 2024$48,2001,2501,21310.6 mi
68
NM-654611
Paved · Power at road
40.9Mar 21, 2025$73,3001,7901,73621.0 mi
68
NM-953393
Landlocked · Power at road
16.9Jul 27, 2024$17,1001,0081,5258.2 mi
64
NM-104852
Gravel · Power at road
48.7Mar 18, 2025$52,5001,0761,27410.4 mi
63
NM-784978
Dirt · Full utilities
53.4Dec 4, 2025$52,2009771,09118.7 mi
62
Show adjustment detail for the top comp
  • Tract size (27.9 ac → 26.14 ac)+1.0%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.3%

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.