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Sandoval County, NM · Sold

NM-376656

2662 County Road 3

$102,800
$571/ac · 180 ac
Acreage180 ac
Price per acre$571/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographySloped
ListedFeb 4, 2025
Coordinates35.7152, -106.9173
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

3 items to verify before you offer.

Risk index
40
Moderate risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope17.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power82 ft away

Power at or near the road.

Buildable area140.60 of 180.07 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$124,392
$107,005$141,780 · $691/ac on 180 ac
Asking vs estimate
-17.4%
Priced below 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 $102,800
Maximum allowable offer
$71,081
$395/ac · +30.0% target margin

You need $31,719 off asking to hit this margin.

All-in cost$77,123
Net resale$114,441
Projected profit$37,318
ROI+48.4%
Annualized+69.3%
Break-even resale$466/ac
Profit if resale lands off target
-20%
$14,430
-10%
$25,874
0%
$37,318
+10%
$48,762
+20%
$60,206
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-557825
Landlocked · Power at road
420.0Jun 19, 2026$193,10046059011.3 mi
77
NM-706567
Dirt · Full utilities
168.8Nov 29, 2025$163,80097063610.0 mi
76
NM-237073
Dirt · Off grid
243.6Jan 6, 2026$166,1006827088.8 mi
73
NM-717527
Dirt · Full utilities
338.4Apr 17, 2026$230,7006825369.7 mi
70
NM-627263
Paved · Off grid
279.5Jan 27, 2025$259,4009287592.3 mi
70
NM-178123
Gravel · Off grid
521.2Jul 27, 2026$331,90063769510.8 mi
67
NM-788091
Dirt · Off grid
509.2Jun 17, 2024$263,6005187105.8 mi
62
NM-955337
Landlocked · Off grid
69.3Jul 12, 2024$61,5008898959.7 mi
59
NM-265452
Gravel · Full utilities
75.3May 25, 2024$115,2001,5317489.7 mi
57
Show adjustment detail for the top comp
  • Tract size (419.97 ac → 180.07 ac)+27.6%
  • Market time (2 mo)+0.7%

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.