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McKinley County, NM · Sold

NM-289359

6098 County Road 291

$412,300
$323/ac · 1,276 ac
Acreage1,276 ac
Price per acre$323/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedOct 30, 2024
Coordinates35.5507, -108.3121
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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands3.7% of tract

Little to no mapped wetland coverage.

Average slope12.1%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power11,016 ft away

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

Buildable area982.98 of 1275.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$325,401
$258,598$392,203 · $255/ac on 1,276 ac
Asking vs estimate
+26.7%
Priced above 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 $412,300
Maximum allowable offer
$185,943
$146/ac · +30.0% target margin

You need $226,357 off asking to hit this margin.

All-in cost$201,748
Net resale$299,368
Projected profit$97,620
ROI+48.4%
Annualized+69.2%
Break-even resale$172/ac
Profit if resale lands off target
-20%
$37,747
-10%
$67,683
0%
$97,620
+10%
$127,557
+20%
$157,494
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-129173
Dirt · Power at road
1115.1Mar 23, 2025$261,0002342023.5 mi
82
NM-508967
Dirt · Off grid
960.5Jul 27, 2026$372,20038835511.1 mi
82
NM-548879
Gravel · Off grid
901.2Jun 24, 2026$316,2003512727.1 mi
79
NM-279931
Landlocked · Power at road
1931.0Jul 26, 2026$407,3002112596.4 mi
78
NM-789052
Gravel · Full utilities
1021.5Apr 4, 2025$409,3004012376.1 mi
76
NM-649831
Gravel · Off grid
1796.1May 10, 2026$359,50020019413.3 mi
75
NM-208186
Dirt · Power at road
545.5Jul 27, 2026$146,2002681767.7 mi
74
NM-668849
Landlocked · Off grid
881.8Jun 11, 2025$203,0002302726.5 mi
72
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,20040930210.1 mi
70
NM-358144
Gravel · Power at road
529.1Jul 27, 2026$266,00050328110.8 mi
69
Show adjustment detail for the top comp
  • Tract size (1115.09 ac → 1275.94 ac)-4.1%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (17 mo)+5.9%

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.