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Rio Arriba County, NM · Sold

NM-942289

1226 County Road 359

$5,500
$723/ac · 7.61 ac
Acreage7.61 ac
Price per acre$723/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedApr 17, 2026
Coordinates36.4120, -106.5409
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

Rio Arriba County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Rio Arriba market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands13.6% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

450 ft of deeded road frontage.

Power5,136 ft away

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

Buildable area6.25 of 7.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,810
$5,767$7,854 · $895/ac on 7.61 ac
Asking vs estimate
-19.2%
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 $5,500
Maximum allowable offer
$3,892
$511/ac · +30.0% target margin

You need $1,608 off asking to hit this margin.

All-in cost$4,223
Net resale$6,265
Projected profit$2,043
ROI+48.4%
Annualized+69.2%
Break-even resale$603/ac
Profit if resale lands off target
-20%
$789
-10%
$1,416
0%
$2,043
+10%
$2,669
+20%
$3,296
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-493007
Landlocked · Off grid
12.8Jul 27, 2026$9,7007601,0043.9 mi
80
NM-491091
Dirt · Off grid
3.2Jul 27, 2026$2,60080577514.0 mi
77
NM-792317
Dirt · Full utilities
7.8Apr 24, 2025$9,4001,2038869.6 mi
76
NM-731243
Dirt · Power at road
3.6Jul 27, 2026$2,8007776388.4 mi
74
NM-771970
Dirt · Power at road
6.0Sep 23, 2025$6,8001,12097513.9 mi
72
NM-560973
Dirt · Full utilities
2.9Dec 11, 2025$3,5001,1948202.2 mi
71
NM-133800
Paved · Off grid
22.8Jul 27, 2026$31,2001,3711,11611.1 mi
69
NM-341881
Dirt · Power at road
5.7Jul 17, 2025$6,5001,1481,00216.7 mi
69
NM-933558
Dirt · Power at road
19.1Jul 30, 2025$19,4001,0149801.9 mi
69
NM-960888
Landlocked · Full utilities
2.8Jul 27, 2026$2,50090576512.7 mi
67
Show adjustment detail for the top comp
  • Tract size (12.81 ac → 7.61 ac)+4.2%
  • Access (Landlocked → Dirt)+26.5%

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.