NM-845436
3450 County Road 115
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Santa Fe County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Santa Fe market data →Step 1 · Is this a deal?
3 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 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 $6,404 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-715736 Gravel · Power at road | 92.5 | Jul 27, 2026 | $263,000 | 2,844 | 2,040 | 0.4 mi | 87 |
| NM-485387 Paved · Off grid | 71.8 | Jul 27, 2026 | $114,400 | 1,593 | 1,074 | 3.4 mi | 86 |
| NM-955581 Gravel · Off grid | 82.7 | Apr 1, 2024 | $90,500 | 1,096 | 988 | 11.7 mi | 72 |
| NM-344525 Gravel · Full utilities | 38.5 | Jun 19, 2025 | $103,500 | 2,692 | 1,374 | 9.7 mi | 68 |
| NM-394161 Dirt · Off grid | 29.5 | Jun 13, 2024 | $44,000 | 1,489 | 1,263 | 5.1 mi | 64 |
Show adjustment detail for the top comp
- Tract size (92.47 ac → 74.41 ac)+5.2%
- Access (Gravel → Landlocked)-32.0%
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.