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Socorro County, NM · Sold

NM-567846

5059 County Road 331

$204,300
$479/ac · 426 ac
Acreage426 ac
Price per acre$479/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedMay 23, 2025
Coordinates34.0097, -106.9589
Loading terrain…
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
36
Moderate risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope25.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power3,456 ft away

Service extension needed; get a utility quote.

Buildable area245.86 of 426.40 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$273,163
$210,060$336,266 · $641/ac on 426 ac
Asking vs estimate
-25.2%
Priced below the comp set

Weighted from 8 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 $204,300
Maximum allowable offer
$156,093
$366/ac · +30.0% target margin

You need $48,207 off asking to hit this margin.

All-in cost$169,361
Net resale$251,310
Projected profit$81,949
ROI+48.4%
Annualized+69.3%
Break-even resale$432/ac
Profit if resale lands off target
-20%
$31,687
-10%
$56,818
0%
$81,949
+10%
$107,080
+20%
$132,211
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-167497
Paved · Off grid
331.1Oct 16, 2025$179,7005434419.7 mi
74
NM-619433
Gravel · Power at road
1346.2Jul 27, 2026$758,3005636834.2 mi
73
NM-389218
Gravel · Off grid
1152.0Jul 27, 2026$577,00050168111.2 mi
72
NM-988464
Landlocked · Off grid
667.2Aug 20, 2024$305,9004588375.2 mi
68
NM-268589
Dirt · Power at road
730.4Feb 23, 2025$346,6004745862.9 mi
68
NM-906278
Gravel · Off grid
136.9Mar 18, 2026$114,8008396189.8 mi
68
NM-287190
Gravel · Off grid
265.1Mar 15, 2025$124,20046943213.1 mi
68
NM-507355
Landlocked · Power at road
298.8Dec 12, 2024$213,0007138596.3 mi
68
Show adjustment detail for the top comp
  • Tract size (331.15 ac → 426.4 ac)-7.2%
  • Access (Paved → Gravel)-15.3%
  • Market time (10 mo)+3.5%

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.