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Santa Fe County, NM · Sold

NM-600632

565 County Road 366

$5,200
$2,271/ac · 2.29 ac
Acreage2.29 ac
Price per acre$2,271/ac
ZoningRecreational
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedDec 1, 2025
Coordinates35.5398, -106.0180
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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

1 item to verify before you offer.

Risk index
13
Low risk
Wetlands7.0% of tract

Little to no mapped wetland coverage.

Average slope3.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

342 ft of deeded road frontage.

Power10,932 ft away

A long utility run — price in solar/off-grid instead.

Buildable area2.02 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,903
$4,061$5,745 · $2,141/ac on 2.29 ac
Asking vs estimate
+6.1%
Priced above 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 $5,200
Maximum allowable offer
$2,802
$1,224/ac · +30.0% target margin

You need $2,398 off asking to hit this margin.

All-in cost$3,040
Net resale$4,511
Projected profit$1,471
ROI+48.4%
Annualized+69.2%
Break-even resale$1,443/ac
Profit if resale lands off target
-20%
$569
-10%
$1,020
0%
$1,471
+10%
$1,922
+20%
$2,373
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-260866
Gravel · Full utilities
2.7Jan 14, 2025$6,4002,3401,7463.8 mi
80
NM-821013
Gravel · Full utilities
3.0Jun 19, 2025$9,9003,2892,4204.6 mi
80
NM-630589
Paved · Power at road
2.2Aug 12, 2025$5,0002,2341,6766.0 mi
78
NM-991346
Paved · Off grid
3.8Apr 17, 2026$10,7002,7772,42211.7 mi
72
NM-651508
Dirt · Power at road
4.3Aug 5, 2025$10,4002,4002,5237.0 mi
66
Show adjustment detail for the top comp
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (19 mo)+6.7%

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.