San Juan County, NM · Sold

NM-986800

8693 County Road 92

$226,200

$1,132/ac · 200 ac

Offer report Market this tract

Acreage200 ac

Price per acre$1,132/ac

ZoningResidential

Road accessGravel

UtilitiesPower at road

TopographyFlat

ListedOct 26, 2023

Coordinates36.5483, -108.4575

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands29.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.6%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

2,180 ft of deeded road frontage.

Power23 ft away

Power at or near the road.

Buildable area133.10 of 199.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$168,216

$134,089 – $202,343 · $842/ac on 200 ac

Asking vs estimate

+34.5%

Priced above the comp set

Weighted from 8 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 $226,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$96,123

$481/ac · +30.0% target margin

You need $130,077 off asking to hit this margin.

All-in cost$104,293

Net resale$154,759

Projected profit$50,465

ROI+48.4%

Annualized+69.3%

Break-even resale$567/ac

Profit if resale lands off target

-20%

$19,513

-10%

$34,989

$50,465

+10%

$65,941

+20%

$81,417

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-475437 Dirt · Power at road	74.5	Jul 22, 2026	$73,100	981	889	2.5 mi	79
NM-145677 Paved · Full utilities	88.6	Jul 27, 2026	$180,300	2,035	1,146	10.5 mi	75
NM-576482 Paved · Power at road	158.7	Jul 29, 2024	$146,800	925	799	2.8 mi	74
NM-545884 Dirt · Power at road	102.9	Jul 28, 2025	$61,900	601	612	11.6 mi	65
NM-908431 Landlocked · Off grid	651.4	Jun 28, 2026	$168,500	259	637	12.0 mi	64
NM-358291 Landlocked · Full utilities	588.6	Mar 27, 2024	$279,200	474	864	2.4 mi	59
NM-385475 Dirt · Off grid	76.5	Nov 26, 2024	$66,600	870	998	15.0 mi	55
NM-178293 Dirt · Full utilities	589.5	Oct 27, 2023	$299,000	507	742	12.2 mi	52

Show adjustment detail for the top comp

Tract size (74.46 ac → 199.86 ac)-22.3%
Access (Dirt → Gravel)+16.3%

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.

Build the listing kit Post a deal or JV