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Santa Fe County, NM · Sold

NM-651508

679 County Road 209

$10,600
$2,454/ac · 4.32 ac
Acreage4.32 ac
Price per acre$2,454/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedOct 3, 2024
Coordinates35.4913, -105.9085
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

3 items to verify before you offer.

Risk index
22
Low risk
Wetlands11.9% of tract

Little to no mapped wetland coverage.

Average slope5.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power154 ft away

Power at or near the road.

Buildable area3.62 of 4.32 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$9,555
$7,959$11,151 · $2,212/ac on 4.32 ac
Asking vs estimate
+10.9%
Priced above 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 $10,600
Maximum allowable offer
$5,460
$1,264/ac · +30.0% target margin

You need $5,140 off asking to hit this margin.

All-in cost$5,924
Net resale$8,791
Projected profit$2,867
ROI+48.4%
Annualized+69.3%
Break-even resale$1,491/ac
Profit if resale lands off target
-20%
$1,109
-10%
$1,988
0%
$2,867
+10%
$3,746
+20%
$4,625
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-991346
Paved · Off grid
3.8Apr 17, 2026$10,7002,7772,4034.7 mi
81
NM-600632
Gravel · Off grid
2.3Jul 27, 2026$5,3002,2932,2817.0 mi
74
NM-821013
Gravel · Full utilities
3.0Jun 19, 2025$9,9003,2892,4018.7 mi
69
NM-812908
Paved · Power at road
11.9Jun 23, 2025$39,8003,3372,7178.6 mi
67
NM-260866
Gravel · Full utilities
2.7Jan 14, 2025$6,4002,3401,7336.6 mi
66
NM-630589
Paved · Power at road
2.2Aug 12, 2025$5,0002,2341,66312.8 mi
65
Show adjustment detail for the top comp
  • Access (Paved → Dirt)-27.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.4%

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.