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Socorro County, NM · Sold

NM-292953

9269 County Road 236

$16,200
$1,316/ac · 12.31 ac
Acreage12.31 ac
Price per acre$1,316/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedApr 19, 2024
Coordinates34.1197, -106.7690
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope5.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area11.22 of 12.31 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$19,537
$17,215$21,858 · $1,587/ac on 12.31 ac
Asking vs estimate
-17.1%
Priced below 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 $16,200
Maximum allowable offer
$11,164
$907/ac · +30.0% target margin

You need $5,036 off asking to hit this margin.

All-in cost$12,113
Net resale$17,974
Projected profit$5,861
ROI+48.4%
Annualized+69.2%
Break-even resale$1,070/ac
Profit if resale lands off target
-20%
$2,266
-10%
$4,063
0%
$5,861
+10%
$7,658
+20%
$9,455
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5391,54412.7 mi
75
NM-653202
Paved · Power at road
14.8Nov 20, 2025$21,8001,4801,38117.6 mi
70
NM-953393
Landlocked · Power at road
16.9Jul 27, 2024$17,1001,0081,7477.6 mi
66
NM-222806
Gravel · Power at road
11.1Nov 11, 2024$14,9001,3421,49818.8 mi
66
NM-891981
Paved · Full utilities
6.1Sep 17, 2025$11,9001,9621,41116.0 mi
64
NM-223508
Landlocked · Off grid
18.4Apr 7, 2025$16,4008921,78714.4 mi
64
NM-433992
Paved · Off grid
26.1Jun 22, 2025$31,9001,2201,46410.4 mi
62
NM-164082
Gravel · Power at road
27.9Nov 5, 2025$40,5001,4511,73821.8 mi
59
NM-204529
Paved · Power at road
38.6Dec 3, 2024$48,2001,2501,39017.6 mi
52
NM-654611
Paved · Power at road
40.9Mar 21, 2025$73,3001,7901,98822.0 mi
51
Show adjustment detail for the top comp
  • Tract size (6.55 ac → 12.31 ac)-4.6%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Power at road → Full utilities)+22.0%

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.