← New search
McKinley County, NM · Sold

NM-406945

1524 County Road 354

$181,600
$818/ac · 222 ac
Acreage222 ac
Price per acre$818/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyRolling
ListedApr 1, 2024
Coordinates35.4612, -108.1897
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
19
Low risk
Wetlands10.5% of tract

Little to no mapped wetland coverage.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,376 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area188.76 of 222.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$152,394
$125,414$179,374 · $686/ac on 222 ac
Asking vs estimate
+19.2%
Priced above the comp set

Weighted from 9 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 $181,600
Maximum allowable offer
$87,082
$392/ac · +30.0% target margin

You need $94,518 off asking to hit this margin.

All-in cost$94,484
Net resale$140,202
Projected profit$45,718
ROI+48.4%
Annualized+69.3%
Break-even resale$463/ac
Profit if resale lands off target
-20%
$17,678
-10%
$31,698
0%
$45,718
+10%
$59,739
+20%
$73,759
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-197149
Dirt · Off grid
257.4Nov 25, 2024$87,7003415471.7 mi
77
NM-208186
Dirt · Power at road
545.5Jul 27, 2026$146,2002684274.4 mi
75
NM-358144
Gravel · Power at road
529.1Jul 27, 2026$266,0005036823.4 mi
74
NM-177146
Landlocked · Power at road
256.8Mar 16, 2024$107,6004197428.1 mi
73
NM-505987
Landlocked · Full utilities
110.9May 26, 2026$79,00071375510.9 mi
71
NM-615712
Paved · Power at road
90.9Apr 11, 2026$98,8001,0887767.6 mi
68
NM-647401
Gravel · Power at road
308.9Jun 28, 2025$194,70063076217.0 mi
65
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,2004097345.9 mi
61
NM-788612
Landlocked · Off grid
742.7May 31, 2025$222,7003008197.6 mi
59
Show adjustment detail for the top comp
  • Tract size (257.36 ac → 222 ac)+4.3%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (21 mo)+7.2%

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.