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Socorro County, NM · Sold

NM-891981

9292 County Road 129

$11,500
$1,888/ac · 6.09 ac
Acreage6.09 ac
Price per acre$1,888/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyRolling
ListedDec 25, 2024
Coordinates33.9266, -106.9224
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
20
Low risk
Wetlands8.1% of tract

Little to no mapped wetland coverage.

Average slope9.4%

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 area5.32 of 6.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,417
$11,691$15,142 · $2,203/ac on 6.09 ac
Asking vs estimate
-14.3%
Priced below the comp set

Weighted from 9 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 $11,500
Maximum allowable offer
$7,667
$1,259/ac · +30.0% target margin

You need $3,833 off asking to hit this margin.

All-in cost$8,319
Net resale$12,344
Projected profit$4,025
ROI+48.4%
Annualized+69.2%
Break-even resale$1,485/ac
Profit if resale lands off target
-20%
$1,556
-10%
$2,790
0%
$4,025
+10%
$5,259
+20%
$6,494
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-802082
Gravel · Power at road
6.5Jul 27, 2026$10,1001,5392,22912.6 mi
80
NM-180997
Gravel · Off grid
3.0Jul 6, 2026$4,7001,5702,5961.8 mi
76
NM-850848
Landlocked · Off grid
2.7Jul 27, 2026$2,0007601,8377.8 mi
71
NM-380449
Gravel · Full utilities
2.0Oct 5, 2025$3,1001,5631,8392.7 mi
71
NM-653202
Paved · Power at road
14.8Nov 20, 2025$21,8001,4801,9948.2 mi
67
NM-223508
Landlocked · Off grid
18.4Apr 7, 2025$16,4008922,5812.3 mi
62
NM-292953
Dirt · Full utilities
12.3May 22, 2025$17,2001,3992,12416.0 mi
62
NM-222806
Gravel · Power at road
11.1Nov 11, 2024$14,9001,3422,16311.5 mi
61
NM-953393
Landlocked · Power at road
16.9Jul 27, 2024$17,1001,0082,5228.7 mi
56
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • 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.