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Santa Fe County, NM · Sold

NM-812908

8642 County Road 300

$37,700
$3,163/ac · 11.92 ac
Acreage11.92 ac
Price per acre$3,163/ac
ZoningAgricultural
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedNov 18, 2024
Coordinates35.6062, -105.9652
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
8
Low risk
Wetlands9.8% of tract

Little to no mapped wetland coverage.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

662 ft of deeded road frontage.

Power204 ft away

Power at or near the road.

Buildable area10.21 of 11.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$36,880
$32,735$41,025 · $3,094/ac on 11.92 ac
Asking vs estimate
+2.2%
In line with 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 $37,700
Maximum allowable offer
$21,074
$1,768/ac · +30.0% target margin

You need $16,626 off asking to hit this margin.

All-in cost$22,865
Net resale$33,930
Projected profit$11,064
ROI+48.4%
Annualized+69.3%
Break-even resale$2,085/ac
Profit if resale lands off target
-20%
$4,279
-10%
$7,671
0%
$11,064
+10%
$14,457
+20%
$17,850
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-193540
Landlocked · Power at road
18.8Jul 4, 2026$26,2001,3902,5467.4 mi
78
NM-823549
Dirt · Off grid
19.0Nov 7, 2024$38,0002,0033,6512.7 mi
68
NM-651508
Dirt · Power at road
4.3Aug 5, 2025$10,4002,4003,2228.6 mi
67
NM-991346
Paved · Off grid
3.8Apr 17, 2026$10,7002,7773,09312.5 mi
65
NM-394161
Dirt · Off grid
29.5Jun 13, 2024$44,0001,4892,9354.7 mi
60
NM-344525
Gravel · Full utilities
38.5Jun 19, 2025$103,5002,6923,19413.5 mi
56
Show adjustment detail for the top comp
  • Tract size (18.84 ac → 11.92 ac)+5.0%
  • Access (Landlocked → Paved)+73.5%
  • Market time (1 mo)+0.5%

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.