Rio Arriba County, NM · Sold

NM-830759

4635 County Road 308

$2,400

$956/ac · 2.51 ac

Offer report Market this tract

Acreage2.51 ac

Price per acre$956/ac

ZoningAgricultural

Road accessDirt

UtilitiesOff grid

TopographyMixed

ListedJan 2, 2024

Coordinates36.5461, -106.6980

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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

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

2 items to verify before you offer.

Risk index

Low risk

Wetlands5.9% of tract

Little to no mapped wetland coverage.

Average slope6.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,342 ft away

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

Buildable area2.24 of 2.51 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$2,290

$1,668 – $2,912 · $912/ac on 2.51 ac

Asking vs estimate

+4.8%

In line with 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 $2,400

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$1,309

$521/ac · +30.0% target margin

You need $1,091 off asking to hit this margin.

All-in cost$1,420

Net resale$2,107

Projected profit$687

ROI+48.3%

Annualized+69.2%

Break-even resale$615/ac

Profit if resale lands off target

-20%

$265

-10%

$476

$687

+10%

$897

+20%

$1,108

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-960888 Landlocked · Full utilities	2.8	Jul 27, 2026	$2,500	905	801	6.4 mi	83
NM-491091 Dirt · Off grid	3.2	Jul 27, 2026	$2,600	805	812	12.2 mi	82
NM-990431 Dirt · Power at road	2.0	Jun 25, 2026	$2,200	1,123	955	12.6 mi	79
NM-731243 Dirt · Power at road	3.6	Jul 27, 2026	$2,800	777	669	10.8 mi	79
NM-321135 Dirt · Full utilities	3.3	Jul 27, 2025	$4,300	1,293	948	8.4 mi	78
NM-340448 Paved · Full utilities	2.0	Jan 12, 2026	$2,800	1,395	722	6.2 mi	76
NM-560973 Dirt · Full utilities	2.9	Dec 11, 2025	$3,500	1,194	859	13.4 mi	75
NM-820493 Dirt · Full utilities	2.1	Mar 26, 2025	$3,900	1,903	1,397	13.8 mi	70
NM-710561 Landlocked · Power at road	2.2	Jul 1, 2024	$2,600	1,186	1,384	6.9 mi	70
NM-942289 Dirt · Off grid	7.6	May 16, 2026	$4,600	609	645	12.7 mi	68

Show adjustment detail for the top comp

Access (Landlocked → Dirt)+26.5%
Utilities (Full utilities → Off grid)-30.3%

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.

Build the listing kit Post a deal or JV