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McKinley County, NM · Sold

NM-358144

3647 County Road 156

$254,500
$481/ac · 529 ac
Acreage529 ac
Price per acre$481/ac
ZoningUnzoned
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 28, 2025
Coordinates35.4855, -108.1381
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

2 items to verify before you offer.

Risk index
20
Low risk
Wetlands6.3% of tract

Little to no mapped wetland coverage.

Average slope19.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,318 ft of deeded road frontage.

Power2 ft away

Power at or near the road.

Buildable area396.64 of 529.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$254,076
$198,814$309,337 · $480/ac on 529 ac
Asking vs estimate
+0.2%
In line with 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 $254,500
Maximum allowable offer
$145,186
$274/ac · +30.0% target margin

You need $109,314 off asking to hit this margin.

All-in cost$157,527
Net resale$233,750
Projected profit$76,223
ROI+48.4%
Annualized+69.2%
Break-even resale$324/ac
Profit if resale lands off target
-20%
$29,473
-10%
$52,848
0%
$76,223
+10%
$99,598
+20%
$122,973
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-208186
Dirt · Power at road
545.5Jul 27, 2026$146,2002683157.7 mi
86
NM-508967
Dirt · Off grid
960.5Jul 27, 2026$372,2003886381.4 mi
78
NM-548879
Gravel · Off grid
901.2Jun 24, 2026$316,2003514897.3 mi
78
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,2004095423.3 mi
77
NM-649831
Gravel · Off grid
1796.1May 10, 2026$359,5002003484.1 mi
70
NM-789052
Gravel · Full utilities
1021.5Apr 4, 2025$409,3004014254.8 mi
68
NM-788612
Landlocked · Off grid
742.7May 31, 2025$222,70030060510.7 mi
68
NM-197149
Dirt · Off grid
257.4Nov 25, 2024$87,7003414044.7 mi
68
NM-647401
Gravel · Power at road
308.9Jun 28, 2025$194,70063056217.4 mi
66
NM-668849
Landlocked · Off grid
881.8Jun 11, 2025$203,0002304898.6 mi
66
Show adjustment detail for the top comp
  • Tract size (545.49 ac → 529.14 ac)+0.9%
  • 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.