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San Juan County, NM · Sold

NM-178293

494 County Road 256

$332,600
$564/ac · 589 ac
Acreage589 ac
Price per acre$564/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedSep 25, 2023
Coordinates36.5378, -108.2389
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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
17
Low risk
Wetlands15.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

6,138 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area471.51 of 589.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$359,411
$262,516$456,306 · $610/ac on 589 ac
Asking vs estimate
-7.5%
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 $332,600
Maximum allowable offer
$205,378
$348/ac · +30.0% target margin

You need $127,222 off asking to hit this margin.

All-in cost$222,835
Net resale$330,658
Projected profit$107,823
ROI+48.4%
Annualized+69.2%
Break-even resale$411/ac
Profit if resale lands off target
-20%
$41,691
-10%
$74,757
0%
$107,823
+10%
$140,889
+20%
$173,955
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-908431
Landlocked · Off grid
651.4Jun 28, 2026$168,50025948718.1 mi
81
NM-358291
Landlocked · Full utilities
588.6Mar 27, 2024$279,20047466014.4 mi
74
NM-429065
Gravel · Off grid
1031.2Feb 21, 2026$310,6003014517.6 mi
71
NM-576482
Paved · Power at road
158.7Jul 29, 2024$146,80092561011.1 mi
57
NM-986800
Gravel · Power at road
199.9Dec 14, 2023$222,1001,11194412.2 mi
52
Show adjustment detail for the top comp
  • Tract size (651.43 ac → 589.46 ac)+3.1%
  • Access (Landlocked → Dirt)+26.5%
  • 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.