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Socorro County, NM · Sold

NM-495018

1063 County Road 167

$55,800
$1,015/ac · 54.97 ac
Acreage54.97 ac
Price per acre$1,015/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedApr 29, 2026
Coordinates34.0350, -107.0415
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
17
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope9.9%

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 area50.18 of 54.97 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$70,767
$61,200$80,333 · $1,287/ac on 54.97 ac
Asking vs estimate
-21.1%
Priced below 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 $55,800
Maximum allowable offer
$40,438
$736/ac · +30.0% target margin

You need $15,362 off asking to hit this margin.

All-in cost$43,875
Net resale$65,105
Projected profit$21,230
ROI+48.4%
Annualized+69.3%
Break-even resale$868/ac
Profit if resale lands off target
-20%
$8,209
-10%
$14,720
0%
$21,230
+10%
$27,741
+20%
$34,251
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-595162
Dirt · Off grid
61.0Jul 27, 2026$57,1009371,3776.8 mi
86
NM-784978
Dirt · Full utilities
53.4Dec 4, 2025$52,2009771,0006.3 mi
84
NM-104852
Gravel · Power at road
48.7Mar 18, 2025$52,5001,0761,16715.5 mi
73
NM-654611
Paved · Power at road
40.9Mar 21, 2025$73,3001,7901,5915.6 mi
70
NM-164082
Gravel · Power at road
27.9Nov 5, 2025$40,5001,4511,39010.4 mi
65
NM-204529
Paved · Power at road
38.6Dec 3, 2024$48,2001,2501,11212.1 mi
65
NM-906278
Gravel · Off grid
136.9Mar 18, 2026$114,8008391,30714.8 mi
63
NM-433992
Paved · Off grid
26.1Jun 22, 2025$31,9001,2201,17117.2 mi
60
NM-223508
Landlocked · Off grid
18.4Apr 7, 2025$16,4008921,4308.2 mi
59
NM-953393
Landlocked · Power at road
16.9Jul 27, 2024$17,1001,0081,39710.2 mi
54
Show adjustment detail for the top comp
  • Tract size (61.01 ac → 54.97 ac)+2.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.