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San Juan County, NM · Sold

NM-358291

1084 County Road 166

$270,000
$459/ac · 589 ac
Acreage589 ac
Price per acre$459/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographyFlat
ListedJan 13, 2024
Coordinates36.5378, -108.4981
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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
61
High risk
Wetlands36.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.6%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area356.75 of 588.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$276,924
$199,385$354,462 · $470/ac on 589 ac
Asking vs estimate
-2.5%
In line with 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 $270,000
Maximum allowable offer
$158,242
$269/ac · +30.0% target margin

You need $111,758 off asking to hit this margin.

All-in cost$171,693
Net resale$254,770
Projected profit$83,077
ROI+48.4%
Annualized+69.3%
Break-even resale$317/ac
Profit if resale lands off target
-20%
$32,123
-10%
$57,600
0%
$83,077
+10%
$108,554
+20%
$134,031
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-908431
Landlocked · Off grid
651.4Jun 28, 2026$168,50025938511.1 mi
87
NM-178293
Dirt · Full utilities
589.5Oct 27, 2023$299,00050744914.4 mi
73
NM-429065
Gravel · Off grid
1031.2Feb 21, 2026$310,6003013568.8 mi
70
NM-576482
Paved · Power at road
158.7Jul 29, 2024$146,8009254834.9 mi
61
NM-986800
Gravel · Power at road
199.9Dec 14, 2023$222,1001,1117472.4 mi
59
Show adjustment detail for the top comp
  • Tract size (651.43 ac → 588.6 ac)+3.1%
  • Utilities (Off grid → Full utilities)+43.5%
  • 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.