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Santa Fe County, NM · Sold

NM-394161

9097 County Road 321

$47,200
$1,598/ac · 29.54 ac
Acreage29.54 ac
Price per acre$1,598/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedJan 23, 2024
Coordinates35.5945, -106.0484
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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands9.4% of tract

Little to no mapped wetland coverage.

Average slope7.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

783 ft of deeded road frontage.

Power2,700 ft away

Service extension needed; get a utility quote.

Buildable area25.43 of 29.54 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$49,862
$35,994$63,731 · $1,688/ac on 29.54 ac
Asking vs estimate
-5.3%
Priced below the comp set

Weighted from 8 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 $47,200
Maximum allowable offer
$28,493
$965/ac · +30.0% target margin

You need $18,707 off asking to hit this margin.

All-in cost$30,915
Net resale$45,873
Projected profit$14,959
ROI+48.4%
Annualized+69.2%
Break-even resale$1,138/ac
Profit if resale lands off target
-20%
$5,784
-10%
$10,371
0%
$14,959
+10%
$19,546
+20%
$24,133
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-193540
Landlocked · Power at road
18.8Jul 4, 2026$26,2001,3901,4093.3 mi
78
NM-823549
Dirt · Off grid
19.0Nov 7, 2024$38,0002,0032,0222.4 mi
78
NM-485387
Paved · Off grid
71.8Jul 27, 2026$114,4001,5931,3814.7 mi
74
NM-344525
Gravel · Full utilities
38.5Jun 19, 2025$103,5002,6921,76814.4 mi
72
NM-845436
Landlocked · Power at road
74.4Oct 21, 2025$59,7008031,0685.1 mi
70
NM-715736
Gravel · Power at road
92.5Jul 27, 2026$263,0002,8442,6254.9 mi
70
NM-812908
Paved · Power at road
11.9Jun 23, 2025$39,8003,3371,9364.7 mi
64
NM-955581
Gravel · Off grid
82.7Apr 1, 2024$90,5001,0961,27115.6 mi
59
Show adjustment detail for the top comp
  • Tract size (18.84 ac → 29.54 ac)-6.1%
  • Access (Landlocked → Dirt)+26.5%
  • Utilities (Power at road → Off grid)-15.0%
  • 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.