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Sandoval County, NM · Sold

NM-114659

7922 County Road 219

$76,800
$1,812/ac · 42.38 ac
Acreage42.38 ac
Price per acre$1,812/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedJun 21, 2024
Coordinates35.5694, -106.8592
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

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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,418 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area38.29 of 42.38 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$71,042
$56,586$85,498 · $1,676/ac on 42.38 ac
Asking vs estimate
+8.1%
Priced above the comp set

Weighted from 10 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 $76,800
Maximum allowable offer
$40,596
$958/ac · +30.0% target margin

You need $36,204 off asking to hit this margin.

All-in cost$44,047
Net resale$65,359
Projected profit$21,312
ROI+48.4%
Annualized+69.2%
Break-even resale$1,130/ac
Profit if resale lands off target
-20%
$8,240
-10%
$14,776
0%
$21,312
+10%
$27,848
+20%
$34,384
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-564393
Gravel · Power at road
35.0Jul 27, 2026$34,1009771,1543.5 mi
87
NM-794285
Paved · Full utilities
32.3Jul 27, 2026$59,8001,8491,4978.5 mi
81
NM-113538
Landlocked · Power at road
18.8Jul 27, 2026$21,9001,1651,8465.5 mi
73
NM-334188
Landlocked · Power at road
30.1Jun 22, 2025$20,6006851,2144.6 mi
72
NM-514002
Gravel · Off grid
26.3Sep 2, 2025$30,9001,1721,61511.1 mi
69
NM-534380
Gravel · Power at road
34.6Nov 16, 2024$45,4001,3111,65513.8 mi
69
NM-333267
Dirt · Power at road
15.5Jul 27, 2026$27,0001,7492,1438.4 mi
69
NM-693061
Gravel · Power at road
13.3Jul 27, 2026$22,2001,6651,72713.2 mi
67
NM-265452
Gravel · Full utilities
75.3May 25, 2024$115,2001,5311,8878.2 mi
66
NM-955337
Landlocked · Off grid
69.3Jul 12, 2024$61,5008892,2588.0 mi
63
Show adjustment detail for the top comp
  • Tract size (34.95 ac → 42.38 ac)-3.4%
  • Utilities (Power at road → Full utilities)+22.0%

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.