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Santa Fe County, NM · Sold

NM-338756

3467 County Road 25

$984,800
$1,195/ac · 824 ac
Acreage824 ac
Price per acre$1,195/ac
ZoningResidential
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedNov 20, 2024
Coordinates35.4797, -105.8930
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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

No material red flags on the mapped layers.

Risk index
5
Low risk
Wetlands3.3% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,836 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area757.30 of 824.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$983,030
$761,773$1,204,287 · $1,192/ac on 824 ac
Asking vs estimate
+0.2%
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 $984,800
Maximum allowable offer
$561,731
$681/ac · +30.0% target margin

You need $423,069 off asking to hit this margin.

All-in cost$609,478
Net resale$904,387
Projected profit$294,909
ROI+48.4%
Annualized+69.2%
Break-even resale$804/ac
Profit if resale lands off target
-20%
$114,032
-10%
$204,471
0%
$294,909
+10%
$385,348
+20%
$475,787
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-809272
Gravel · Off grid
1198.0Jul 27, 2026$672,90056278013.1 mi
75
NM-937617
Gravel · Off grid
361.2Feb 24, 2025$431,5001,1951,2192.2 mi
69
NM-537250
Dirt · Full utilities
276.9Sep 25, 2024$455,2001,6441,2793.9 mi
68
NM-715736
Gravel · Power at road
92.5Jul 27, 2026$263,0002,8441,6068.3 mi
65
NM-549730
Landlocked · Power at road
1669.4Sep 11, 2024$908,6005441,1319.7 mi
64
Show adjustment detail for the top comp
  • Tract size (1198 ac → 824.36 ac)+12.3%
  • Access (Gravel → Dirt)-14.0%
  • 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.