NM-265452
4695 County Road 298
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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?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
2,133 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $45,931 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-955337 Landlocked · Off grid | 69.3 | Jul 12, 2024 | $61,500 | 889 | 2,003 | 0.2 mi | 76 |
| NM-564393 Gravel · Power at road | 35.0 | Jul 27, 2026 | $34,100 | 977 | 1,023 | 11.0 mi | 73 |
| NM-706567 Dirt · Full utilities | 168.8 | Nov 29, 2025 | $163,800 | 970 | 1,424 | 1.7 mi | 72 |
| NM-794285 Paved · Full utilities | 32.3 | Jul 27, 2026 | $59,800 | 1,849 | 1,328 | 15.4 mi | 69 |
| NM-114659 Gravel · Full utilities | 42.4 | Aug 31, 2024 | $70,200 | 1,656 | 1,590 | 8.2 mi | 67 |
| NM-514002 Gravel · Off grid | 26.3 | Sep 2, 2025 | $30,900 | 1,172 | 1,432 | 15.9 mi | 64 |
| NM-534380 Gravel · Power at road | 34.6 | Nov 16, 2024 | $45,400 | 1,311 | 1,468 | 6.3 mi | 64 |
| NM-376656 Landlocked · Power at road | 180.1 | Oct 30, 2025 | $90,100 | 500 | 1,157 | 9.7 mi | 63 |
| NM-334188 Landlocked · Power at road | 30.1 | Jun 22, 2025 | $20,600 | 685 | 1,077 | 6.7 mi | 62 |
| NM-237073 Dirt · Off grid | 243.6 | Jan 6, 2026 | $166,100 | 682 | 1,585 | 9.8 mi | 61 |
Show adjustment detail for the top comp
- Tract size (69.26 ac → 75.27 ac)-1.9%
- Access (Landlocked → Gravel)+47.1%
- Utilities (Off grid → Full utilities)+43.5%
- Market time (25 mo)+8.8%
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.
