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Socorro County, NM · Sold

NM-380449

3084 County Road 12

$3,400
$1,692/ac · 2.01 ac
Acreage2.01 ac
Price per acre$1,692/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJan 20, 2025
Coordinates33.8936, -106.9487
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
22
Low risk
Wetlands2.8% of tract

Little to no mapped wetland coverage.

Average slope23.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

136 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.17 of 2.01 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,009
$3,464$4,554 · $1,995/ac on 2.01 ac
Asking vs estimate
-15.2%
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 $3,400
Maximum allowable offer
$2,291
$1,140/ac · +30.0% target margin

You need $1,109 off asking to hit this margin.

All-in cost$2,486
Net resale$3,688
Projected profit$1,203
ROI+48.4%
Annualized+69.2%
Break-even resale$1,344/ac
Profit if resale lands off target
-20%
$465
-10%
$834
0%
$1,203
+10%
$1,571
+20%
$1,940
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-180997
Gravel · Off grid
3.0Jul 6, 2026$4,7001,5702,2862.6 mi
83
NM-850848
Landlocked · Off grid
2.7Jul 27, 2026$2,0007601,61810.5 mi
77
NM-100127
Paved · Power at road
1.6Sep 22, 2025$3,4002,1422,2888.7 mi
73
NM-891981
Paved · Full utilities
6.1Sep 17, 2025$11,9001,9621,7942.7 mi
71
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5391,96314.5 mi
67
Show adjustment detail for the top comp
  • Tract size (2.99 ac → 2.01 ac)+1.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.