← New search
McKinley County, NM · Sold

NM-970629

2118 County Road 257

$3,500
$1,528/ac · 2.29 ac
Acreage2.29 ac
Price per acre$1,528/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyMixed
ListedDec 18, 2023
Coordinates35.6983, -108.3563
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

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

View McKinley market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
18
Low risk
Wetlands19.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.1%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

159 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.75 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,097
$2,316$3,879 · $1,353/ac on 2.29 ac
Asking vs estimate
+13.0%
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 $3,500
Maximum allowable offer
$1,770
$773/ac · +30.0% target margin

You need $1,730 off asking to hit this margin.

All-in cost$1,920
Net resale$2,849
Projected profit$929
ROI+48.4%
Annualized+69.2%
Break-even resale$912/ac
Profit if resale lands off target
-20%
$359
-10%
$644
0%
$929
+10%
$1,214
+20%
$1,499
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-371189
Gravel · Off grid
3.4Jul 27, 2026$2,4006981,01516.8 mi
75
NM-320919
Paved · Power at road
2.8Nov 9, 2024$3,6001,2931,44415.2 mi
70
NM-351738
Paved · Full utilities
5.1Feb 25, 2025$6,8001,3231,2231.6 mi
68
NM-412374
Paved · Off grid
8.1May 28, 2024$11,5001,4231,9954.6 mi
61
NM-282584
Landlocked · Off grid
9.4Aug 12, 2025$4,6004841,13616.9 mi
53
Show adjustment detail for the top comp
  • Tract size (3.43 ac → 2.29 ac)+1.1%
  • 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.