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Santa Fe County, NM · Sold

NM-485387

4950 County Road 117

$116,000
$1,615/ac · 71.81 ac
Acreage71.81 ac
Price per acre$1,615/ac
ZoningRecreational
Road accessPaved
UtilitiesOff grid
TopographyFlat
ListedJul 14, 2026
Coordinates35.5516, -105.9839
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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

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?

Due diligence

1 item to verify before you offer.

Risk index
10
Low risk
Wetlands8.6% of tract

Little to no mapped wetland coverage.

Average slope1.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,399 ft of deeded road frontage.

Power3,358 ft away

Service extension needed; get a utility quote.

Buildable area62.35 of 71.81 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$140,163
$100,917$179,409 · $1,952/ac on 71.81 ac
Asking vs estimate
-17.2%
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 $116,000
Maximum allowable offer
$80,093
$1,115/ac · +30.0% target margin

You need $35,907 off asking to hit this margin.

All-in cost$86,901
Net resale$128,950
Projected profit$42,049
ROI+48.4%
Annualized+69.3%
Break-even resale$1,315/ac
Profit if resale lands off target
-20%
$16,259
-10%
$29,154
0%
$42,049
+10%
$54,944
+20%
$67,839
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-715736
Gravel · Power at road
92.5Jul 27, 2026$263,0002,8443,0333.1 mi
83
NM-845436
Landlocked · Power at road
74.4Oct 21, 2025$59,7008031,2343.4 mi
80
NM-955581
Gravel · Off grid
82.7Apr 1, 2024$90,5001,0961,46811.0 mi
69
NM-344525
Gravel · Full utilities
38.5Jun 19, 2025$103,5002,6922,04410.1 mi
64
NM-394161
Dirt · Off grid
29.5Jun 13, 2024$44,0001,4891,8784.7 mi
62
Show adjustment detail for the top comp
  • Tract size (92.47 ac → 71.81 ac)+6.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.