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McKinley County, NM · Sold

NM-163011

2305 County Road 319

$14,900
$1,160/ac · 12.84 ac
Acreage12.84 ac
Price per acre$1,160/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 26, 2024
Coordinates35.4625, -108.3177
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

3 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands41.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

444 ft of deeded road frontage.

Power244 ft away

Power at or near the road.

Buildable area7.16 of 12.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,819
$9,241$14,398 · $921/ac on 12.84 ac
Asking vs estimate
+26.1%
Priced above the comp set

Weighted from 6 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 $14,900
Maximum allowable offer
$6,754
$526/ac · +30.0% target margin

You need $8,146 off asking to hit this margin.

All-in cost$7,328
Net resale$10,874
Projected profit$3,546
ROI+48.4%
Annualized+69.2%
Break-even resale$620/ac
Profit if resale lands off target
-20%
$1,371
-10%
$2,458
0%
$3,546
+10%
$4,633
+20%
$5,721
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-633236
Gravel · Power at road
15.1Jul 27, 2026$18,3001,2121,06217.9 mi
78
NM-853201
Dirt · Off grid
14.7Oct 20, 2025$8,50057570911.5 mi
76
NM-282584
Landlocked · Off grid
9.4Aug 12, 2025$4,6004847312.3 mi
75
NM-903402
Paved · Power at road
17.1Nov 19, 2025$21,6001,2689829.5 mi
74
NM-412374
Paved · Off grid
8.1May 28, 2024$11,5001,4231,28513.2 mi
60
NM-351738
Paved · Full utilities
5.1Feb 25, 2025$6,8001,32378715.1 mi
56
Show adjustment detail for the top comp
  • Tract size (15.12 ac → 12.84 ac)+1.7%
  • Access (Gravel → Dirt)-14.0%

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.