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San Juan County, NM · Sold

NM-400064

2865 County Road 207

$1,600
$1,053/ac · 1.52 ac
Acreage1.52 ac
Price per acre$1,053/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesPower at road
TopographyWooded
ListedMay 25, 2025
Coordinates36.4925, -108.2750
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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

4 items to verify before you offer.

Risk index
41
Moderate risk
Wetlands15.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power98 ft away

Power at or near the road.

Buildable area1.21 of 1.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,567
$1,143$1,990 · $1,031/ac on 1.52 ac
Asking vs estimate
+2.1%
In line with the comp set

Weighted from 7 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 $1,600
Maximum allowable offer
$895
$589/ac · +30.0% target margin

You need $705 off asking to hit this margin.

All-in cost$971
Net resale$1,441
Projected profit$470
ROI+48.4%
Annualized+69.3%
Break-even resale$694/ac
Profit if resale lands off target
-20%
$182
-10%
$326
0%
$470
+10%
$614
+20%
$759
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-560476
Paved · Power at road
2.0Jul 27, 2026$4,4002,1561,25210.7 mi
79
NM-331190
Dirt · Full utilities
3.4Feb 12, 2026$6,5001,9091,2871.5 mi
71
NM-570615
Paved · Power at road
2.3Jan 26, 2025$2,7001,19173612.9 mi
70
NM-880589
Dirt · Full utilities
2.2Sep 22, 2024$2,2001,0027069.2 mi
69
NM-611511
Paved · Power at road
4.3Jun 17, 2026$5,1001,18470610.5 mi
68
NM-461726
Gravel · Power at road
5.1Mar 15, 2025$8,8001,7331,29211.6 mi
58
NM-801498
Dirt · Off grid
4.3Jul 4, 2025$5,5001,2811,28213.6 mi
57
Show adjustment detail for the top comp
  • Tract size (2.05 ac → 1.52 ac)+0.5%
  • Access (Paved → Landlocked)-42.4%

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.