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Santa Fe County, NM · Sold

NM-821013

2108 County Road 37

$9,300
$3,079/ac · 3.02 ac
Acreage3.02 ac
Price per acre$3,079/ac
ZoningRecreational
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedApr 24, 2024
Coordinates35.4837, -106.0626
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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

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope27.1%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

357 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.72 of 3.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,178
$7,688$10,669 · $3,039/ac on 3.02 ac
Asking vs estimate
+1.3%
In line with 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 $9,300
Maximum allowable offer
$5,245
$1,737/ac · +30.0% target margin

You need $4,055 off asking to hit this margin.

All-in cost$5,691
Net resale$8,444
Projected profit$2,753
ROI+48.4%
Annualized+69.2%
Break-even resale$2,048/ac
Profit if resale lands off target
-20%
$1,064
-10%
$1,909
0%
$2,753
+10%
$3,597
+20%
$4,442
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-600632
Gravel · Off grid
2.3Jul 27, 2026$5,3002,2933,2764.6 mi
88
NM-260866
Gravel · Full utilities
2.7Jan 14, 2025$6,4002,3402,4888.3 mi
81
NM-991346
Paved · Off grid
3.8Apr 17, 2026$10,7002,7773,45112.9 mi
75
NM-630589
Paved · Power at road
2.2Aug 12, 2025$5,0002,2342,3888.3 mi
71
NM-651508
Dirt · Power at road
4.3Aug 5, 2025$10,4002,4003,5958.7 mi
69
Show adjustment detail for the top comp
  • Tract size (2.29 ac → 3.02 ac)-0.7%
  • Utilities (Off grid → Full utilities)+43.5%

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.