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Rio Arriba County, NM · Sold

NM-279106

8622 County Road 225

$408,900
$385/ac · 1,062 ac
Acreage1,062 ac
Price per acre$385/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedNov 18, 2023
Coordinates36.6362, -106.7912
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
35
Moderate risk
Wetlands2.9% of tract

Little to no mapped wetland coverage.

Average slope20.3%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,516 ft away

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

Buildable area618.87 of 1062.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$405,903
$357,495$454,311 · $382/ac on 1,062 ac
Asking vs estimate
+0.7%
In line with the comp set

Weighted from 6 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 $408,900
Maximum allowable offer
$231,945
$218/ac · +30.0% target margin

You need $176,955 off asking to hit this margin.

All-in cost$251,660
Net resale$373,431
Projected profit$121,771
ROI+48.4%
Annualized+69.2%
Break-even resale$258/ac
Profit if resale lands off target
-20%
$47,084
-10%
$84,427
0%
$121,771
+10%
$159,114
+20%
$196,457
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-788764
Dirt · Off grid
829.1Oct 29, 2025$235,9002853176.6 mi
76
NM-429788
Paved · Power at road
1741.0Jul 27, 2026$770,80044337310.8 mi
74
NM-868008
Dirt · Full utilities
479.5Jul 27, 2026$290,90060738619.3 mi
70
NM-837572
Dirt · Off grid
349.6Feb 22, 2025$180,60051745515.1 mi
61
NM-128085
Dirt · Power at road
507.0Feb 7, 2025$213,80042235316.4 mi
58
NM-897868
Dirt · Off grid
433.3Jul 13, 2024$192,90044542813.1 mi
57
Show adjustment detail for the top comp
  • Tract size (829.15 ac → 1062.26 ac)-7.4%
  • Access (Dirt → Gravel)+16.3%
  • Market time (10 mo)+3.3%

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.