Sandoval County, NM · Sold

NM-717527

5819 County Road 53

$243,100

$718/ac · 338 ac

Offer report Market this tract

Acreage338 ac

Price per acre$718/ac

ZoningRecreational

Road accessDirt

UtilitiesFull utilities

TopographySloped

ListedFeb 8, 2025

Coordinates35.6216, -106.7885

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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

2 items to verify before you offer.

Risk index

Low risk

Wetlands6.0% of tract

Little to no mapped wetland coverage.

Average slope27.9%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,849 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area190.87 of 338.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$287,490

$254,458 – $320,522 · $850/ac on 338 ac

Asking vs estimate

-15.4%

Priced below the comp set

Weighted from 7 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 $243,100

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$164,280

$485/ac · +30.0% target margin

You need $78,820 off asking to hit this margin.

All-in cost$178,244

Net resale$264,491

Projected profit$86,247

ROI+48.4%

Annualized+69.2%

Break-even resale$572/ac

Profit if resale lands off target

-20%

$33,349

-10%

$59,798

$86,247

+10%

$112,696

+20%

$139,145

Comparable sales7 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-557825 Landlocked · Power at road	420.0	Jun 19, 2026	$193,100	460	761	4.5 mi	81
NM-178123 Gravel · Off grid	521.2	Jul 27, 2026	$331,900	637	896	7.4 mi	77
NM-706567 Dirt · Full utilities	168.8	Nov 29, 2025	$163,800	970	820	4.6 mi	74
NM-237073 Dirt · Off grid	243.6	Jan 6, 2026	$166,100	682	913	12.0 mi	74
NM-627263 Paved · Off grid	279.5	Jan 27, 2025	$259,400	928	978	8.9 mi	70
NM-788091 Dirt · Off grid	509.2	Jun 17, 2024	$263,600	518	916	7.7 mi	67
NM-376656 Landlocked · Power at road	180.1	Oct 30, 2025	$90,100	500	666	9.7 mi	67

Show adjustment detail for the top comp

Tract size (419.97 ac → 338.42 ac)+6.6%
Access (Landlocked → Dirt)+26.5%
Utilities (Power at road → Full utilities)+22.0%
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.

Build the listing kit Post a deal or JV