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Sandoval County, NM · Sold

NM-370329

2141 County Road 46

$2,500
$1,359/ac · 1.84 ac
Acreage1.84 ac
Price per acre$1,359/ac
ZoningMixed Use
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedJan 29, 2024
Coordinates35.7823, -106.8349
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
Wetlands4.3% of tract

Little to no mapped wetland coverage.

Average slope9.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

314 ft of deeded road frontage.

Power143 ft away

Power at or near the road.

Buildable area1.67 of 1.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,849
$2,153$3,545 · $1,548/ac on 1.84 ac
Asking vs estimate
-12.2%
Priced below the comp set

Weighted from 5 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 $2,500
Maximum allowable offer
$1,628
$885/ac · +30.0% target margin

You need $872 off asking to hit this margin.

All-in cost$1,766
Net resale$2,621
Projected profit$855
ROI+48.4%
Annualized+69.2%
Break-even resale$1,043/ac
Profit if resale lands off target
-20%
$330
-10%
$593
0%
$855
+10%
$1,117
+20%
$1,379
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-140312
Landlocked · Power at road
1.8Jul 27, 2026$2,4001,3271,6829.6 mi
85
NM-520280
Gravel · Power at road
1.8Jul 27, 2026$3,4001,9041,64010.1 mi
84
NM-140561
Landlocked · Power at road
2.2Feb 24, 2026$3,5001,6122,0864.7 mi
81
NM-670049
Gravel · Power at road
1.5Feb 24, 2026$2,0001,3161,15011.6 mi
76
NM-762512
Paved · Off grid
8.9Jul 27, 2026$9,8001,1001,00817.7 mi
60
Show adjustment detail for the top comp
  • Access (Landlocked → Dirt)+26.5%

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.