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Rio Arriba County, NM · Sold

NM-771970

244 County Road 229

$6,800
$1,126/ac · 6.04 ac
Acreage6.04 ac
Price per acre$1,126/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedJul 17, 2025
Coordinates36.6127, -106.5462
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
15
Low risk
Wetlands12.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

315 ft of deeded road frontage.

Power178 ft away

Power at or near the road.

Buildable area5.00 of 6.04 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,992
$5,046$6,937 · $992/ac on 6.04 ac
Asking vs estimate
+13.5%
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 $6,800
Maximum allowable offer
$3,424
$567/ac · +30.0% target margin

You need $3,376 off asking to hit this margin.

All-in cost$3,715
Net resale$5,512
Projected profit$1,797
ROI+48.4%
Annualized+69.2%
Break-even resale$669/ac
Profit if resale lands off target
-20%
$695
-10%
$1,246
0%
$1,797
+10%
$2,349
+20%
$2,900
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-341881
Dirt · Power at road
5.7Jul 17, 2025$6,5001,1481,1963.2 mi
83
NM-942289
Dirt · Off grid
7.6May 16, 2026$4,60060973413.9 mi
77
NM-731243
Dirt · Power at road
3.6Jul 27, 2026$2,80077776117.3 mi
75
NM-960888
Landlocked · Full utilities
2.8Jul 27, 2026$2,5009059123.2 mi
75
NM-321135
Dirt · Full utilities
3.3Jul 27, 2025$4,3001,2931,0791.4 mi
74
NM-493007
Landlocked · Off grid
12.8Jul 27, 2026$9,7007601,19710.0 mi
71
NM-990431
Dirt · Power at road
2.0Jun 25, 2026$2,2001,1231,08720.7 mi
70
NM-491091
Dirt · Off grid
3.2Jul 27, 2026$2,60080592420.7 mi
70
NM-792317
Dirt · Full utilities
7.8Apr 24, 2025$9,4001,2031,05618.9 mi
68
NM-560973
Dirt · Full utilities
2.9Dec 11, 2025$3,5001,19497815.8 mi
66
Show adjustment detail for the top comp
  • Market time (13 mo)+4.5%

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.