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Sandoval County, NM · Sold

NM-564393

7371 County Road 129

$40,400
$1,156/ac · 34.95 ac
Acreage34.95 ac
Price per acre$1,156/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 25, 2025
Coordinates35.5646, -106.9209
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

4 items to verify before you offer.

Risk index
23
Low risk
Wetlands17.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.6%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

834 ft of deeded road frontage.

Power144 ft away

Power at or near the road.

Buildable area27.39 of 34.95 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$51,462
$39,506$63,418 · $1,472/ac on 34.95 ac
Asking vs estimate
-21.5%
Priced below 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 $40,400
Maximum allowable offer
$29,407
$841/ac · +30.0% target margin

You need $10,993 off asking to hit this margin.

All-in cost$31,907
Net resale$47,345
Projected profit$15,439
ROI+48.4%
Annualized+69.2%
Break-even resale$992/ac
Profit if resale lands off target
-20%
$5,970
-10%
$10,704
0%
$15,439
+10%
$20,173
+20%
$24,908
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-794285
Paved · Full utilities
32.3Jul 27, 2026$59,8001,8491,2705.0 mi
85
NM-113538
Landlocked · Power at road
18.8Jul 27, 2026$21,9001,1651,5674.0 mi
83
NM-334188
Landlocked · Power at road
30.1Jun 22, 2025$20,6006851,0318.0 mi
79
NM-693061
Gravel · Power at road
13.3Jul 27, 2026$22,2001,6651,46511.8 mi
77
NM-114659
Gravel · Full utilities
42.4Aug 31, 2024$70,2001,6561,5213.5 mi
75
NM-514002
Gravel · Off grid
26.3Sep 2, 2025$30,9001,1721,3708.2 mi
74
NM-534380
Gravel · Power at road
34.6Nov 16, 2024$45,4001,3111,40415.9 mi
74
NM-333267
Dirt · Power at road
15.5Jul 27, 2026$27,0001,7491,8196.7 mi
74
NM-463368
Gravel · Off grid
16.6May 8, 2025$15,9009541,06311.3 mi
68
NM-263380
Gravel · Power at road
16.8Dec 29, 2024$40,3002,4022,3116.3 mi
67
Show adjustment detail for the top comp
  • Tract size (32.32 ac → 34.95 ac)-1.3%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%

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.