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San Juan County, NM · Sold

NM-429065

9313 County Road 237

$292,700
$284/ac · 1,031 ac
Acreage1,031 ac
Price per acre$284/ac
ZoningUnzoned
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedMar 15, 2025
Coordinates36.5943, -108.3559
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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

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?

Due diligence

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope4.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,275 ft of deeded road frontage.

Power6,326 ft away

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

Buildable area911.05 of 1031.18 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$450,762
$342,948$558,576 · $437/ac on 1,031 ac
Asking vs estimate
-35.1%
Priced below the comp set

Weighted from 5 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 $292,700
Maximum allowable offer
$257,578
$250/ac · +30.0% target margin

You need $35,122 off asking to hit this margin.

All-in cost$279,472
Net resale$414,701
Projected profit$135,229
ROI+48.4%
Annualized+69.2%
Break-even resale$295/ac
Profit if resale lands off target
-20%
$52,289
-10%
$93,759
0%
$135,229
+10%
$176,699
+20%
$218,169
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-908431
Landlocked · Off grid
651.4Jun 28, 2026$168,50025933216.9 mi
73
NM-358291
Landlocked · Full utilities
588.6Mar 27, 2024$279,2004744508.8 mi
61
NM-178293
Dirt · Full utilities
589.5Oct 27, 2023$299,0005073877.6 mi
61
NM-986800
Gravel · Power at road
199.9Dec 14, 2023$222,1001,1116446.5 mi
54
NM-576482
Paved · Power at road
158.7Jul 29, 2024$146,8009254164.2 mi
53
Show adjustment detail for the top comp
  • Tract size (651.43 ac → 1031.18 ac)-13.2%
  • Access (Landlocked → Gravel)+47.1%
  • Market time (2 mo)+0.6%

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.