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McKinley County, NM · Sold

NM-649831

3243 County Road 218

$426,500
$237/ac · 1,796 ac
Acreage1,796 ac
Price per acre$237/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedNov 13, 2025
Coordinates35.5197, -108.0786
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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

4 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands10.7% of tract

Little to no mapped wetland coverage.

Average slope8.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,618 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1523.70 of 1796.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$514,805
$413,869$615,742 · $287/ac on 1,796 ac
Asking vs estimate
-17.2%
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 $426,500
Maximum allowable offer
$294,174
$164/ac · +30.0% target margin

You need $132,326 off asking to hit this margin.

All-in cost$319,179
Net resale$473,621
Projected profit$154,442
ROI+48.4%
Annualized+69.3%
Break-even resale$193/ac
Profit if resale lands off target
-20%
$59,718
-10%
$107,080
0%
$154,442
+10%
$201,804
+20%
$249,166
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-508967
Dirt · Off grid
960.5Jul 27, 2026$372,2003883712.9 mi
84
NM-279931
Landlocked · Power at road
1931.0Jul 26, 2026$407,30021127015.2 mi
83
NM-548879
Gravel · Off grid
901.2Jun 24, 2026$316,2003512857.6 mi
77
NM-358144
Gravel · Power at road
529.1Jul 27, 2026$266,0005032934.1 mi
72
NM-208186
Dirt · Power at road
545.5Jul 27, 2026$146,20026818311.7 mi
70
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,2004093153.2 mi
68
NM-289359
Dirt · Off grid
1275.9Apr 18, 2025$374,80029432413.3 mi
68
NM-789052
Gravel · Full utilities
1021.5Apr 4, 2025$409,3004012478.0 mi
68
NM-129173
Dirt · Power at road
1115.1Mar 23, 2025$261,0002342119.9 mi
65
NM-788612
Landlocked · Off grid
742.7May 31, 2025$222,70030035214.5 mi
65
Show adjustment detail for the top comp
  • Tract size (960.51 ac → 1796.08 ac)-17.8%
  • Access (Dirt → Gravel)+16.3%

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.