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McKinley County, NM · Sold

NM-208186

2412 County Road 182

$171,800
$315/ac · 545 ac
Acreage545 ac
Price per acre$315/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJun 16, 2026
Coordinates35.4457, -108.2664
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
40
Moderate risk
Wetlands39.4% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope1.0%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,833 ft of deeded road frontage.

Power164 ft away

Power at or near the road.

Buildable area314.04 of 545.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$231,817
$188,758$274,875 · $425/ac on 545 ac
Asking vs estimate
-25.9%
Priced below 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 $171,800
Maximum allowable offer
$132,467
$243/ac · +30.0% target margin

You need $39,333 off asking to hit this margin.

All-in cost$143,727
Net resale$213,271
Projected profit$69,545
ROI+48.4%
Annualized+69.2%
Break-even resale$286/ac
Profit if resale lands off target
-20%
$26,890
-10%
$48,217
0%
$69,545
+10%
$90,872
+20%
$112,199
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-358144
Gravel · Power at road
529.1Jul 27, 2026$266,0005034297.7 mi
86
NM-508967
Dirt · Off grid
960.5Jul 27, 2026$372,2003885448.9 mi
81
NM-788612
Landlocked · Off grid
742.7May 31, 2025$222,7003005153.3 mi
77
NM-548879
Gravel · Off grid
901.2Jun 24, 2026$316,20035141710.3 mi
73
NM-668849
Landlocked · Off grid
881.8Jun 11, 2025$203,0002304171.5 mi
71
NM-258457
Gravel · Off grid
663.8May 21, 2025$271,2004094629.6 mi
71
NM-647401
Gravel · Power at road
308.9Jun 28, 2025$194,70063047916.3 mi
68
NM-129173
Dirt · Power at road
1115.1Mar 23, 2025$261,0002343097.1 mi
68
NM-649831
Gravel · Off grid
1796.1May 10, 2026$359,50020029611.7 mi
68
NM-197149
Dirt · Off grid
257.4Nov 25, 2024$87,7003413443.0 mi
67
Show adjustment detail for the top comp
  • Tract size (529.14 ac → 545.49 ac)-0.9%
  • 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.