← New search
Socorro County, NM · Sold

NM-653202

7873 County Road 218

$25,500
$1,729/ac · 14.75 ac
Acreage14.75 ac
Price per acre$1,729/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedNov 3, 2025
Coordinates33.8668, -106.7989
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

434 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area13.33 of 14.75 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$26,118
$23,100$29,136 · $1,771/ac on 14.75 ac
Asking vs estimate
-2.4%
In line with 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 $25,500
Maximum allowable offer
$14,924
$1,012/ac · +30.0% target margin

You need $10,576 off asking to hit this margin.

All-in cost$16,193
Net resale$24,028
Projected profit$7,836
ROI+48.4%
Annualized+69.3%
Break-even resale$1,193/ac
Profit if resale lands off target
-20%
$3,030
-10%
$5,433
0%
$7,836
+10%
$10,239
+20%
$12,641
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-433992
Paved · Off grid
26.1Jun 22, 2025$31,9001,2201,6177.6 mi
73
NM-164082
Gravel · Power at road
27.9Nov 5, 2025$40,5001,4511,92012.9 mi
71
NM-223508
Landlocked · Off grid
18.4Apr 7, 2025$16,4008921,9759.9 mi
70
NM-222806
Gravel · Power at road
11.1Nov 11, 2024$14,9001,3421,65519.7 mi
69
NM-953393
Landlocked · Power at road
16.9Jul 27, 2024$17,1001,0081,92912.7 mi
69
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5391,70619.5 mi
68
NM-292953
Dirt · Full utilities
12.3May 22, 2025$17,2001,3991,62517.6 mi
67
NM-891981
Paved · Full utilities
6.1Sep 17, 2025$11,9001,9621,5598.2 mi
66
NM-204529
Paved · Power at road
38.6Dec 3, 2024$48,2001,2501,5356.8 mi
64
NM-654611
Paved · Power at road
40.9Mar 21, 2025$73,3001,7902,19619.9 mi
63
Show adjustment detail for the top comp
  • Tract size (26.14 ac → 14.75 ac)+7.5%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (14 mo)+4.8%

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.