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Socorro County, NM · Sold

NM-180997

6708 County Road 121

$4,800
$1,605/ac · 2.99 ac
Acreage2.99 ac
Price per acre$1,605/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMay 7, 2026
Coordinates33.9055, -106.9051
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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
26
Low risk
Wetlands19.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

348 ft of deeded road frontage.

Power5,794 ft away

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

Buildable area2.28 of 2.99 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,795
$3,286$4,304 · $1,269/ac on 2.99 ac
Asking vs estimate
+26.5%
Priced above 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 $4,800
Maximum allowable offer
$2,169
$725/ac · +30.0% target margin

You need $2,631 off asking to hit this margin.

All-in cost$2,353
Net resale$3,491
Projected profit$1,138
ROI+48.4%
Annualized+69.2%
Break-even resale$856/ac
Profit if resale lands off target
-20%
$440
-10%
$789
0%
$1,138
+10%
$1,487
+20%
$1,836
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-850848
Landlocked · Off grid
2.7Jul 27, 2026$2,0007601,1168.9 mi
83
NM-380449
Gravel · Full utilities
2.0Oct 5, 2025$3,1001,5631,1182.6 mi
76
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5391,35514.3 mi
71
NM-891981
Paved · Full utilities
6.1Sep 17, 2025$11,9001,9621,2381.8 mi
70
NM-100127
Paved · Power at road
1.6Sep 22, 2025$3,4002,1421,5799.0 mi
66
Show adjustment detail for the top comp
  • Access (Landlocked → Gravel)+47.1%

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.