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Sandoval County, NM · Sold

NM-762512

3020 County Road 34

$11,100
$1,240/ac · 8.95 ac
Acreage8.95 ac
Price per acre$1,240/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedAug 22, 2025
Coordinates35.5667, -107.0063
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

1 item to verify before you offer.

Risk index
8
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

412 ft of deeded road frontage.

Power2,070 ft away

Service extension needed; get a utility quote.

Buildable area8.21 of 8.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$16,470
$12,353$20,588 · $1,840/ac on 8.95 ac
Asking vs estimate
-32.6%
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 $11,100
Maximum allowable offer
$9,412
$1,052/ac · +30.0% target margin

You need $1,688 off asking to hit this margin.

All-in cost$10,212
Net resale$15,153
Projected profit$4,941
ROI+48.4%
Annualized+69.2%
Break-even resale$1,240/ac
Profit if resale lands off target
-20%
$1,910
-10%
$3,425
0%
$4,941
+10%
$6,456
+20%
$7,971
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-693061
Gravel · Power at road
13.3Jul 27, 2026$22,2001,6651,73110.8 mi
80
NM-113538
Landlocked · Power at road
18.8Jul 27, 2026$21,9001,1651,8515.6 mi
79
NM-333267
Dirt · Power at road
15.5Jul 27, 2026$27,0001,7492,1496.4 mi
76
NM-463368
Gravel · Off grid
16.6May 8, 2025$15,9009541,25612.5 mi
69
NM-514002
Gravel · Off grid
26.3Sep 2, 2025$30,9001,1721,6194.8 mi
65
NM-263380
Gravel · Power at road
16.8Dec 29, 2024$40,3002,4022,7307.3 mi
63
NM-334188
Landlocked · Power at road
30.1Jun 22, 2025$20,6006851,21712.8 mi
61
NM-753680
Dirt · Power at road
20.9Jun 7, 2024$33,2001,5912,20712.3 mi
56
Show adjustment detail for the top comp
  • Tract size (13.32 ac → 8.95 ac)+3.5%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.