← New search
Santa Fe County, NM · Sold

NM-715736

5189 County Road 215

$245,800
$2,658/ac · 92.47 ac
Acreage92.47 ac
Price per acre$2,658/ac
ZoningResidential
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedApr 26, 2026
Coordinates35.5259, -106.0290
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

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

No material red flags on the mapped layers.

Risk index
2
Low risk
Wetlands2.5% of tract

Little to no mapped wetland coverage.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,380 ft of deeded road frontage.

Power18 ft away

Power at or near the road.

Buildable area85.65 of 92.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$150,498
$116,875$184,122 · $1,628/ac on 92.47 ac
Asking vs estimate
+63.3%
Priced above the comp set

Weighted from 6 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 $245,800
Maximum allowable offer
$85,999
$930/ac · +30.0% target margin

You need $159,801 off asking to hit this margin.

All-in cost$93,309
Net resale$138,459
Projected profit$45,150
ROI+48.4%
Annualized+69.2%
Break-even resale$1,097/ac
Profit if resale lands off target
-20%
$17,458
-10%
$31,304
0%
$45,150
+10%
$58,995
+20%
$72,841
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-485387
Paved · Off grid
71.8Jul 27, 2026$114,4001,5931,5003.1 mi
83
NM-845436
Landlocked · Power at road
74.4Oct 21, 2025$59,7008031,1600.4 mi
81
NM-955581
Gravel · Off grid
82.7Apr 1, 2024$90,5001,0961,38011.7 mi
70
NM-344525
Gravel · Full utilities
38.5Jun 19, 2025$103,5002,6921,9209.8 mi
64
NM-537250
Dirt · Full utilities
276.9Sep 25, 2024$455,2001,6442,2699.6 mi
61
NM-394161
Dirt · Off grid
29.5Jun 13, 2024$44,0001,4891,7654.9 mi
57
Show adjustment detail for the top comp
  • Tract size (71.81 ac → 92.47 ac)-5.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Power at road)+17.6%

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.