← New search
Socorro County, NM · Sold

NM-409702

2583 County Road 137

$741,900
$454/ac · 1,636 ac
Acreage1,636 ac
Price per acre$454/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyRolling
ListedOct 17, 2025
Coordinates33.8777, -106.7562
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

2 items to verify before you offer.

Risk index
23
Low risk
Wetlands5.5% of tract

Little to no mapped wetland coverage.

Average slope6.1%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,450 ft away

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

Buildable area1468.58 of 1635.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$741,470
$660,359$822,580 · $453/ac on 1,636 ac
Asking vs estimate
+0.1%
In line with 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 $741,900
Maximum allowable offer
$423,697
$259/ac · +30.0% target margin

You need $318,203 off asking to hit this margin.

All-in cost$459,711
Net resale$682,152
Projected profit$222,441
ROI+48.4%
Annualized+69.2%
Break-even resale$305/ac
Profit if resale lands off target
-20%
$86,010
-10%
$154,226
0%
$222,441
+10%
$290,656
+20%
$358,871
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-619433
Gravel · Power at road
1346.2Jul 27, 2026$758,30056345114.1 mi
84
NM-389218
Gravel · Off grid
1152.0Jul 27, 2026$577,0005014508.2 mi
83
NM-919810
Dirt · Off grid
1769.0Jun 16, 2026$634,60035943112.1 mi
82
NM-988464
Landlocked · Off grid
667.2Aug 20, 2024$305,90045855313.6 mi
62
NM-268589
Dirt · Power at road
730.4Feb 23, 2025$346,60047438813.6 mi
58
Show adjustment detail for the top comp
  • Tract size (1346.2 ac → 1635.84 ac)-5.9%
  • Utilities (Power at road → Off grid)-15.0%

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.