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Sandoval County, NM · Sold

NM-463368

7395 County Road 322

$17,700
$1,064/ac · 16.63 ac
Acreage16.63 ac
Price per acre$1,064/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedJul 1, 2024
Coordinates35.7282, -106.9069
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
15
Low risk
Wetlands3.2% of tract

Little to no mapped wetland coverage.

Average slope8.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

397 ft of deeded road frontage.

Power9,168 ft away

A long utility run — price in solar/off-grid instead.

Buildable area15.29 of 16.63 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$23,120
$16,646$29,593 · $1,390/ac on 16.63 ac
Asking vs estimate
-23.4%
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 $17,700
Maximum allowable offer
$13,211
$794/ac · +30.0% target margin

You need $4,489 off asking to hit this margin.

All-in cost$14,334
Net resale$21,270
Projected profit$6,936
ROI+48.4%
Annualized+69.3%
Break-even resale$937/ac
Profit if resale lands off target
-20%
$2,682
-10%
$4,809
0%
$6,936
+10%
$9,063
+20%
$11,190
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-693061
Gravel · Power at road
13.3Jul 27, 2026$22,2001,6651,3855.1 mi
89
NM-113538
Landlocked · Power at road
18.8Jul 27, 2026$21,9001,1651,4817.5 mi
87
NM-333267
Dirt · Power at road
15.5Jul 27, 2026$27,0001,7491,7196.2 mi
84
NM-263380
Gravel · Power at road
16.8Dec 29, 2024$40,3002,4022,1845.3 mi
78
NM-762512
Paved · Off grid
8.9Jul 27, 2026$9,8001,10088212.5 mi
78
NM-564393
Gravel · Power at road
35.0Jul 27, 2026$34,10097792511.3 mi
77
NM-514002
Gravel · Off grid
26.3Sep 2, 2025$30,9001,1721,29510.2 mi
73
NM-753680
Dirt · Power at road
20.9Jun 7, 2024$33,2001,5911,7661.4 mi
72
NM-794285
Paved · Full utilities
32.3Jul 27, 2026$59,8001,8491,20012.8 mi
70
NM-334188
Landlocked · Power at road
30.1Jun 22, 2025$20,60068597413.6 mi
67
Show adjustment detail for the top comp
  • Tract size (13.32 ac → 16.63 ac)-2.3%
  • 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.