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McKinley County, NM · Sold

NM-505987

3734 County Road 312

$96,400
$869/ac · 111 ac
Acreage111 ac
Price per acre$869/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedApr 16, 2026
Coordinates35.6041, -108.1082
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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
37
Moderate risk
Wetlands3.1% of tract

Little to no mapped wetland coverage.

Average slope14.8%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area85.98 of 110.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$77,352
$67,846$86,858 · $697/ac on 111 ac
Asking vs estimate
+24.6%
Priced above the comp set

Weighted from 5 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 $96,400
Maximum allowable offer
$44,201
$399/ac · +30.0% target margin

You need $52,199 off asking to hit this margin.

All-in cost$47,958
Net resale$71,164
Projected profit$23,206
ROI+48.4%
Annualized+69.3%
Break-even resale$470/ac
Profit if resale lands off target
-20%
$8,973
-10%
$16,089
0%
$23,206
+10%
$30,322
+20%
$37,439
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-615712
Paved · Power at road
90.9Apr 11, 2026$98,8001,08873912.6 mi
79
NM-177146
Landlocked · Power at road
256.8Mar 16, 2024$107,6004197074.1 mi
63
NM-406945
Dirt · Full utilities
222.0Dec 24, 2024$168,70076077410.9 mi
62
NM-197149
Dirt · Off grid
257.4Nov 25, 2024$87,70034152111.4 mi
58
NM-647401
Gravel · Power at road
308.9Jun 28, 2025$194,70063072514.1 mi
57
Show adjustment detail for the top comp
  • Tract size (90.87 ac → 110.91 ac)-4.8%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (4 mo)+1.5%

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.