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Sandoval County, NM · Sold

NM-237073

6339 County Road 172

$187,300
$769/ac · 244 ac
Acreage244 ac
Price per acre$769/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedNov 5, 2024
Coordinates35.7958, -106.7950
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

5 items to verify before you offer.

Risk index
32
Moderate risk
Wetlands16.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,314 ft away

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

Buildable area193.21 of 243.57 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$154,988
$133,922$176,053 · $636/ac on 244 ac
Asking vs estimate
+20.8%
Priced above 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 $187,300
Maximum allowable offer
$88,564
$364/ac · +30.0% target margin

You need $98,736 off asking to hit this margin.

All-in cost$96,092
Net resale$142,589
Projected profit$46,497
ROI+48.4%
Annualized+69.3%
Break-even resale$429/ac
Profit if resale lands off target
-20%
$17,979
-10%
$32,238
0%
$46,497
+10%
$60,755
+20%
$75,014
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-717527
Dirt · Full utilities
338.4Apr 17, 2026$230,70068253012.0 mi
76
NM-706567
Dirt · Full utilities
168.8Nov 29, 2025$163,8009706288.7 mi
74
NM-627263
Paved · Off grid
279.5Jan 27, 2025$259,4009287496.7 mi
74
NM-178123
Gravel · Off grid
521.2Jul 27, 2026$331,90063768717.3 mi
74
NM-557825
Landlocked · Power at road
420.0Jun 19, 2026$193,1004605839.9 mi
73
NM-376656
Landlocked · Power at road
180.1Oct 30, 2025$90,1005005108.8 mi
72
NM-788091
Dirt · Off grid
509.2Jun 17, 2024$263,60051870213.5 mi
61
NM-265452
Gravel · Full utilities
75.3May 25, 2024$115,2001,5317399.8 mi
54
Show adjustment detail for the top comp
  • Tract size (338.42 ac → 243.57 ac)+10.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (4 mo)+1.4%

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.