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Rio Arriba County, NM · Sold

NM-731243

4374 County Road 304

$3,100
$868/ac · 3.57 ac
Acreage3.57 ac
Price per acre$868/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedJan 3, 2026
Coordinates36.3903, -106.6900
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

3 items to verify before you offer.

Risk index
13
Low risk
Wetlands13.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

180 ft of deeded road frontage.

Power34 ft away

Power at or near the road.

Buildable area2.93 of 3.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,764
$2,960$4,568 · $1,054/ac on 3.57 ac
Asking vs estimate
-17.6%
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 $3,100
Maximum allowable offer
$2,151
$603/ac · +30.0% target margin

You need $949 off asking to hit this margin.

All-in cost$2,334
Net resale$3,463
Projected profit$1,129
ROI+48.4%
Annualized+69.2%
Break-even resale$711/ac
Profit if resale lands off target
-20%
$437
-10%
$783
0%
$1,129
+10%
$1,476
+20%
$1,822
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-491091
Dirt · Off grid
3.2Jul 27, 2026$2,6008059455.7 mi
86
NM-990431
Dirt · Power at road
2.0Jun 25, 2026$2,2001,1231,1124.6 mi
81
NM-560973
Dirt · Full utilities
2.9Dec 11, 2025$3,5001,1941,0017.1 mi
78
NM-340448
Paved · Full utilities
2.0Jan 12, 2026$2,8001,3958414.6 mi
77
NM-960888
Landlocked · Full utilities
2.8Jul 27, 2026$2,50090593314.7 mi
76
NM-321135
Dirt · Full utilities
3.3Jul 27, 2025$4,3001,2931,10415.9 mi
73
NM-820493
Dirt · Full utilities
2.1Mar 26, 2025$3,9001,9031,6276.7 mi
73
NM-942289
Dirt · Off grid
7.6May 16, 2026$4,6006097518.4 mi
72
NM-792317
Dirt · Full utilities
7.8Apr 24, 2025$9,4001,2031,0811.6 mi
69
NM-771970
Dirt · Power at road
6.0Sep 23, 2025$6,8001,1201,18917.3 mi
68
Show adjustment detail for the top comp
  • Utilities (Off grid → Power at road)+17.6%

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.