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McKinley County, NM · Sold

NM-371189

789 County Road 262

$2,900
$845/ac · 3.43 ac
Acreage3.43 ac
Price per acre$845/ac
ZoningAgricultural
Road accessGravel
UtilitiesOff grid
TopographyFlat
ListedNov 13, 2025
Coordinates35.5473, -108.1212
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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
28
Low risk
Wetlands11.5% of tract

Little to no mapped wetland coverage.

Average slope1.4%

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.

Power11,142 ft away

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

Buildable area2.88 of 3.43 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,543
$2,800$4,287 · $1,033/ac on 3.43 ac
Asking vs estimate
-18.2%
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 $2,900
Maximum allowable offer
$2,025
$590/ac · +30.0% target margin

You need $875 off asking to hit this margin.

All-in cost$2,197
Net resale$3,260
Projected profit$1,063
ROI+48.4%
Annualized+69.2%
Break-even resale$696/ac
Profit if resale lands off target
-20%
$411
-10%
$737
0%
$1,063
+10%
$1,389
+20%
$1,715
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-320919
Paved · Power at road
2.8Nov 9, 2024$3,6001,2939952.4 mi
73
NM-282584
Landlocked · Off grid
9.4Aug 12, 2025$4,60048478314.8 mi
64
NM-970629
Gravel · Full utilities
2.3Nov 27, 2024$3,7001,6351,20816.8 mi
64
NM-351738
Paved · Full utilities
5.1Feb 25, 2025$6,8001,32384215.3 mi
63
NM-412374
Paved · Off grid
8.1May 28, 2024$11,5001,4231,37512.2 mi
58
Show adjustment detail for the top comp
  • Tract size (2.82 ac → 3.43 ac)-0.6%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (21 mo)+7.4%

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.