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San Miguel County, NM · Sold

NM-601259

6867 County Road 329

$5,600
$1,551/ac · 3.61 ac
Acreage3.61 ac
Price per acre$1,551/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographySloped
ListedJun 2, 2024
Coordinates35.5988, -104.6757
Loading terrain…
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 Miguel County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View San Miguel market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope17.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power19 ft away

Power at or near the road.

Buildable area2.89 of 3.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$7,579
$5,791$9,367 · $2,099/ac on 3.61 ac
Asking vs estimate
-26.1%
Priced below 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 $5,600
Maximum allowable offer
$4,331
$1,200/ac · +30.0% target margin

You need $1,269 off asking to hit this margin.

All-in cost$4,699
Net resale$6,973
Projected profit$2,274
ROI+48.4%
Annualized+69.2%
Break-even resale$1,415/ac
Profit if resale lands off target
-20%
$879
-10%
$1,576
0%
$2,274
+10%
$2,971
+20%
$3,668
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-171458
Dirt · Off grid
4.2Apr 14, 2026$7,3001,7422,8687.2 mi
80
NM-361575
Landlocked · Power at road
4.5May 30, 2025$3,9008601,5825.4 mi
79
NM-881938
Paved · Off grid
5.9Jul 27, 2026$12,2002,0632,48417.1 mi
78
NM-540374
Paved · Power at road
1.9Jul 27, 2026$3,8001,9861,95720.8 mi
76
NM-551016
Dirt · Power at road
3.0Jul 9, 2025$3,7001,2181,73916.5 mi
71
NM-351889
Dirt · Off grid
5.7Oct 28, 2025$6,0001,0451,77815.8 mi
66
NM-722227
Dirt · Power at road
7.3Jan 5, 2025$7,7001,0591,60417.6 mi
60
NM-712901
Dirt · Power at road
11.9Sep 18, 2024$20,9001,7642,80418.9 mi
52
Show adjustment detail for the top comp
  • Tract size (4.17 ac → 3.61 ac)+0.5%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.4%

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.