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Rio Arriba County, NM · Sold

NM-566080

7004 County Road 74

$126,900
$1,070/ac · 119 ac
Acreage119 ac
Price per acre$1,070/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJul 20, 2024
Coordinates36.6148, -106.5774
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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,238 ft of deeded road frontage.

Power247 ft away

Power at or near the road.

Buildable area105.95 of 118.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$94,479
$77,136$111,823 · $796/ac on 119 ac
Asking vs estimate
+34.3%
Priced above 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 $126,900
Maximum allowable offer
$53,988
$455/ac · +30.0% target margin

You need $72,912 off asking to hit this margin.

All-in cost$58,577
Net resale$86,921
Projected profit$28,344
ROI+48.4%
Annualized+69.3%
Break-even resale$537/ac
Profit if resale lands off target
-20%
$10,960
-10%
$19,652
0%
$28,344
+10%
$37,036
+20%
$45,728
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-476366
Gravel · Off grid
145.9Jul 27, 2026$80,0005486823.2 mi
90
NM-595465
Dirt · Power at road
76.0Jul 27, 2026$60,6007978344.9 mi
85
NM-156586
Landlocked · Power at road
171.2Aug 31, 2025$75,5004417433.3 mi
76
NM-996021
Landlocked · Power at road
113.7Dec 24, 2025$47,90042162917.1 mi
76
NM-965496
Gravel · Full utilities
77.7Dec 18, 2025$94,8001,2209276.7 mi
75
NM-265866
Landlocked · Off grid
101.6Dec 15, 2024$42,3004167412.0 mi
74
NM-717247
Dirt · Full utilities
276.3May 19, 2026$208,80075691718.6 mi
64
NM-705001
Dirt · Off grid
54.3Dec 13, 2025$46,20085099716.2 mi
62
NM-837572
Dirt · Off grid
349.6Feb 22, 2025$180,6005171,0133.8 mi
62
NM-215056
Landlocked · Full utilities
56.5Mar 13, 2025$28,30050053713.9 mi
59
Show adjustment detail for the top comp
  • Tract size (145.95 ac → 118.64 ac)+5.5%
  • 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.