NM-908431
425 County Road 1
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San Juan County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View San Juan market data →Step 1 · Is this a deal?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $57,608 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-358291 Landlocked · Full utilities | 588.6 | Mar 27, 2024 | $279,200 | 474 | 353 | 11.1 mi | 75 |
| NM-429065 Gravel · Off grid | 1031.2 | Feb 21, 2026 | $310,600 | 301 | 241 | 16.9 mi | 70 |
| NM-178293 Dirt · Full utilities | 589.5 | Oct 27, 2023 | $299,000 | 507 | 303 | 18.1 mi | 68 |
| NM-576482 Paved · Power at road | 158.7 | Jul 29, 2024 | $146,800 | 925 | 326 | 14.6 mi | 54 |
| NM-986800 Gravel · Power at road | 199.9 | Dec 14, 2023 | $222,100 | 1,111 | 505 | 12.0 mi | 51 |
Show adjustment detail for the top comp
- Tract size (588.6 ac → 651.43 ac)-3.0%
- Utilities (Full utilities → Off grid)-30.3%
- Market time (29 mo)+10.0%
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.