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Sandoval County, NM · Sold

NM-706567

613 County Road 195

$183,600
$1,088/ac · 169 ac
Acreage169 ac
Price per acre$1,088/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedMay 14, 2025
Coordinates35.6772, -106.7444
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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

Sandoval County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Sandoval market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
44
Moderate risk
Wetlands49.7% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneAE

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

Legal accessDeeded frontage

1,198 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area80.67 of 168.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$179,520
$149,553$209,486 · $1,063/ac on 169 ac
Asking vs estimate
+2.3%
In line with the comp set

Weighted from 9 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 $183,600
Maximum allowable offer
$102,583
$608/ac · +30.0% target margin

You need $81,017 off asking to hit this margin.

All-in cost$111,303
Net resale$165,158
Projected profit$53,856
ROI+48.4%
Annualized+69.2%
Break-even resale$717/ac
Profit if resale lands off target
-20%
$20,824
-10%
$37,340
0%
$53,856
+10%
$70,371
+20%
$86,887
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-717527
Dirt · Full utilities
338.4Apr 17, 2026$230,7006828424.6 mi
77
NM-376656
Landlocked · Power at road
180.1Oct 30, 2025$90,10050081110.0 mi
75
NM-237073
Dirt · Off grid
243.6Jan 6, 2026$166,1006821,1128.7 mi
75
NM-557825
Landlocked · Power at road
420.0Jun 19, 2026$193,1004609271.4 mi
73
NM-627263
Paved · Off grid
279.5Jan 27, 2025$259,4009281,1918.3 mi
69
NM-178123
Gravel · Off grid
521.2Jul 27, 2026$331,9006371,09211.8 mi
66
NM-265452
Gravel · Full utilities
75.3May 25, 2024$115,2001,5311,1751.7 mi
65
NM-955337
Landlocked · Off grid
69.3Jul 12, 2024$61,5008891,4051.8 mi
63
NM-788091
Dirt · Off grid
509.2Jun 17, 2024$263,6005181,11510.6 mi
57
Show adjustment detail for the top comp
  • Tract size (338.42 ac → 168.82 ac)+21.8%
  • 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.