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Cibola County, NM · Sold

NM-557511

9426 County Road 396

$241,900
$723/ac · 335 ac
Acreage335 ac
Price per acre$723/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedNov 8, 2023
Coordinates35.0151, -107.9849
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

Cibola County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Cibola market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands1.1% of tract

Little to no mapped wetland coverage.

Average slope21.6%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,645 ft of deeded road frontage.

Power51 ft away

Power at or near the road.

Buildable area198.50 of 334.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$228,291
$178,102$278,481 · $682/ac on 335 ac
Asking vs estimate
+6.0%
Priced above 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 $241,900
Maximum allowable offer
$130,452
$390/ac · +30.0% target margin

You need $111,448 off asking to hit this margin.

All-in cost$141,540
Net resale$210,028
Projected profit$68,487
ROI+48.4%
Annualized+69.2%
Break-even resale$460/ac
Profit if resale lands off target
-20%
$26,482
-10%
$47,485
0%
$68,487
+10%
$89,490
+20%
$110,493
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-317195
Paved · Off grid
266.1Jul 27, 2026$124,1004673754.4 mi
87
NM-987032
Paved · Off grid
236.4Jul 27, 2026$215,6009127099.5 mi
77
NM-758576
Dirt · Off grid
723.6Jul 27, 2026$374,50051877012.2 mi
72
NM-488638
Gravel · Off grid
756.8Jul 24, 2026$317,6004205458.8 mi
71
NM-888263
Paved · Off grid
576.8Jan 24, 2026$507,60088090915.0 mi
66
NM-818392
Landlocked · Power at road
633.3Feb 19, 2025$280,7004437216.1 mi
66
NM-238683
Dirt · Power at road
781.9Oct 16, 2024$420,8005387495.6 mi
66
NM-746979
Gravel · Power at road
227.5Jul 31, 2024$197,90087072710.9 mi
65
NM-695842
Dirt · Off grid
99.8Nov 25, 2025$84,1008427349.0 mi
63
Show adjustment detail for the top comp
  • Tract size (266.08 ac → 334.52 ac)-6.4%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%

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.