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McKinley County, NM · Sold

NM-320919

341 County Road 316

$3,500
$1,241/ac · 2.82 ac
Acreage2.82 ac
Price per acre$1,241/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyRolling
ListedApr 28, 2024
Coordinates35.5824, -108.1256
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

No material red flags on the mapped layers.

Risk index
10
Low risk
Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope7.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

241 ft of deeded road frontage.

Power17 ft away

Power at or near the road.

Buildable area2.45 of 2.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,823
$2,786$4,860 · $1,356/ac on 2.82 ac
Asking vs estimate
-8.5%
Priced below 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
$2,185
$775/ac · +30.0% target margin

You need $1,315 off asking to hit this margin.

All-in cost$2,371
Net resale$3,517
Projected profit$1,147
ROI+48.4%
Annualized+69.2%
Break-even resale$914/ac
Profit if resale lands off target
-20%
$443
-10%
$795
0%
$1,147
+10%
$1,498
+20%
$1,850
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-371189
Gravel · Off grid
3.4Jul 27, 2026$2,4006989762.4 mi
84
NM-970629
Gravel · Full utilities
2.3Nov 27, 2024$3,7001,6351,68715.2 mi
70
NM-351738
Paved · Full utilities
5.1Feb 25, 2025$6,8001,3231,17713.7 mi
64
NM-412374
Paved · Off grid
8.1May 28, 2024$11,5001,4231,92010.7 mi
62
NM-282584
Landlocked · Off grid
9.4Aug 12, 2025$4,6004841,09315.8 mi
55
Show adjustment detail for the top comp
  • Tract size (3.43 ac → 2.82 ac)+0.6%
  • Access (Gravel → Paved)+18.0%
  • 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.