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Santa Fe County, NM · Sold

NM-193540

9416 County Road 109

$28,500
$1,513/ac · 18.84 ac
Acreage18.84 ac
Price per acre$1,513/ac
ZoningResidential
Road accessLandlocked
UtilitiesPower at road
TopographyRolling
ListedDec 24, 2025
Coordinates35.5538, -106.0807
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

5 items to verify before you offer.

Risk index
48
Moderate risk
Wetlands17.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope11.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power184 ft away

Power at or near the road.

Buildable area14.73 of 18.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$32,598
$24,672$40,524 · $1,730/ac on 18.84 ac
Asking vs estimate
-12.6%
Priced below the comp set

Weighted from 10 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 $28,500
Maximum allowable offer
$18,627
$989/ac · +30.0% target margin

You need $9,873 off asking to hit this margin.

All-in cost$20,210
Net resale$29,990
Projected profit$9,780
ROI+48.4%
Annualized+69.3%
Break-even resale$1,166/ac
Profit if resale lands off target
-20%
$3,782
-10%
$6,781
0%
$9,780
+10%
$12,779
+20%
$15,778
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-823549
Dirt · Off grid
19.0Nov 7, 2024$38,0002,0032,0044.7 mi
76
NM-715736
Gravel · Power at road
92.5Jul 27, 2026$263,0002,8442,6013.5 mi
74
NM-812908
Paved · Power at road
11.9Jun 23, 2025$39,8003,3371,9197.4 mi
70
NM-485387
Paved · Off grid
71.8Jul 27, 2026$114,4001,5931,3695.4 mi
68
NM-845436
Landlocked · Power at road
74.4Oct 21, 2025$59,7008031,0593.5 mi
67
NM-394161
Dirt · Off grid
29.5Jun 13, 2024$44,0001,4891,6113.3 mi
67
NM-991346
Paved · Off grid
3.8Apr 17, 2026$10,7002,7771,69715.3 mi
62
NM-344525
Gravel · Full utilities
38.5Jun 19, 2025$103,5002,6921,75313.2 mi
61
NM-651508
Dirt · Power at road
4.3Aug 5, 2025$10,4002,4001,76810.6 mi
58
NM-955581
Gravel · Off grid
82.7Apr 1, 2024$90,5001,0961,25915.1 mi
48
Show adjustment detail for the top comp
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (21 mo)+7.4%

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.