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McKinley County, NM · Sold

NM-177146

5977 County Road 313

$112,800
$439/ac · 257 ac
Acreage257 ac
Price per acre$439/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedDec 22, 2023
Coordinates35.5464, -108.0896
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

1 item to verify before you offer.

Risk index
30
Moderate risk
Wetlands1.8% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power112 ft away

Power at or near the road.

Buildable area239.57 of 256.80 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$111,043
$91,923$130,163 · $432/ac on 257 ac
Asking vs estimate
+1.6%
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 $112,800
Maximum allowable offer
$63,453
$247/ac · +30.0% target margin

You need $49,347 off asking to hit this margin.

All-in cost$68,847
Net resale$102,160
Projected profit$33,313
ROI+48.4%
Annualized+69.3%
Break-even resale$291/ac
Profit if resale lands off target
-20%
$12,881
-10%
$23,097
0%
$33,313
+10%
$43,529
+20%
$53,745
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-358144
Gravel · Power at road
529.1Jul 27, 2026$266,0005034245.0 mi
76
NM-406945
Dirt · Full utilities
222.0Dec 24, 2024$168,7007605058.1 mi
76
NM-505987
Landlocked · Full utilities
110.9May 26, 2026$79,0007134704.1 mi
74
NM-197149
Dirt · Off grid
257.4Nov 25, 2024$87,7003413409.2 mi
72
NM-208186
Dirt · Power at road
545.5Jul 27, 2026$146,20026826512.1 mi
72
NM-647401
Gravel · Power at road
308.9Jun 28, 2025$194,70063047416.7 mi
70
NM-615712
Paved · Power at road
90.9Apr 11, 2026$98,8001,08848212.4 mi
66
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,2004094562.6 mi
64
NM-788612
Landlocked · Off grid
742.7May 31, 2025$222,70030050914.6 mi
59
NM-668849
Landlocked · Off grid
881.8Jun 11, 2025$203,00023041212.7 mi
58
Show adjustment detail for the top comp
  • Tract size (529.14 ac → 256.8 ac)+23.8%
  • Access (Gravel → Landlocked)-32.0%

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.