NM-197149
4445 County Road 202
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
3,296 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $26,457 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-358144 Gravel · Power at road | 529.1 | Jul 27, 2026 | $266,000 | 503 | 456 | 4.7 mi | 79 |
| NM-208186 Dirt · Power at road | 545.5 | Jul 27, 2026 | $146,200 | 268 | 285 | 3.0 mi | 78 |
| NM-406945 Dirt · Full utilities | 222.0 | Dec 24, 2024 | $168,700 | 760 | 543 | 1.7 mi | 77 |
| NM-177146 Landlocked · Power at road | 256.8 | Mar 16, 2024 | $107,600 | 419 | 496 | 9.2 mi | 70 |
| NM-647401 Gravel · Power at road | 308.9 | Jun 28, 2025 | $194,700 | 630 | 509 | 16.0 mi | 68 |
| NM-505987 Landlocked · Full utilities | 110.9 | May 26, 2026 | $79,000 | 713 | 505 | 11.4 mi | 67 |
| NM-615712 Paved · Power at road | 90.9 | Apr 11, 2026 | $98,800 | 1,088 | 518 | 6.1 mi | 67 |
| NM-258457 Gravel · Off grid | 663.8 | May 21, 2025 | $271,200 | 409 | 490 | 6.7 mi | 64 |
| NM-788612 Landlocked · Off grid | 742.7 | May 31, 2025 | $222,700 | 300 | 547 | 6.0 mi | 63 |
| NM-668849 Landlocked · Off grid | 881.8 | Jun 11, 2025 | $203,000 | 230 | 442 | 3.9 mi | 63 |
Show adjustment detail for the top comp
- Tract size (529.14 ac → 257.36 ac)+23.7%
- Access (Gravel → Dirt)-14.0%
- Utilities (Power at road → Off grid)-15.0%
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.