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San Juan County, NM · Sold

NM-424989

2283 County Road 112

$40,300
$749/ac · 53.82 ac
Acreage53.82 ac
Price per acre$749/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedSep 17, 2023
Coordinates36.5927, -108.4869
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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
49
Moderate risk
Wetlands1.0% of tract

Little to no mapped wetland coverage.

Average slope27.7%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power36 ft away

Power at or near the road.

Buildable area31.97 of 53.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$41,660
$32,247$51,072 · $774/ac on 53.82 ac
Asking vs estimate
-3.3%
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 $40,300
Maximum allowable offer
$23,806
$442/ac · +30.0% target margin

You need $16,494 off asking to hit this margin.

All-in cost$25,830
Net resale$38,327
Projected profit$12,497
ROI+48.4%
Annualized+69.2%
Break-even resale$522/ac
Profit if resale lands off target
-20%
$4,832
-10%
$8,665
0%
$12,497
+10%
$16,330
+20%
$20,163
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-475437
Dirt · Power at road
74.5Jul 22, 2026$73,1009818354.6 mi
83
NM-484054
Paved · Off grid
27.3Jul 27, 2026$29,6001,0846525.0 mi
75
NM-744479
Dirt · Power at road
37.2Jul 27, 2026$29,40079158417.0 mi
75
NM-145677
Paved · Full utilities
88.6Jul 27, 2026$180,3002,0351,07710.3 mi
74
NM-545884
Dirt · Power at road
102.9Jul 28, 2025$61,90060157515.1 mi
64
NM-385475
Dirt · Off grid
76.5Nov 26, 2024$66,60087093716.8 mi
63
NM-576482
Paved · Power at road
158.7Jul 29, 2024$146,8009257503.2 mi
61
Show adjustment detail for the top comp
  • Tract size (74.46 ac → 53.82 ac)+7.3%
  • Access (Dirt → Landlocked)-20.9%

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.