NM-937617
9482 County Road 257
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
2,263 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $253,070 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-338756 Dirt · Full utilities | 824.4 | Jan 11, 2026 | $1,039,900 | 1,262 | 1,345 | 2.2 mi | 75 |
| NM-537250 Dirt · Full utilities | 276.9 | Sep 25, 2024 | $455,200 | 1,644 | 1,330 | 5.6 mi | 73 |
| NM-715736 Gravel · Power at road | 92.5 | Jul 27, 2026 | $263,000 | 2,844 | 1,671 | 9.9 mi | 72 |
| NM-809272 Gravel · Off grid | 1198.0 | Jul 27, 2026 | $672,900 | 562 | 812 | 14.0 mi | 69 |
| NM-485387 Paved · Off grid | 71.8 | Jul 27, 2026 | $114,400 | 1,593 | 879 | 8.2 mi | 66 |
| NM-955581 Gravel · Off grid | 82.7 | Apr 1, 2024 | $90,500 | 1,096 | 809 | 4.3 mi | 59 |
| NM-845436 Landlocked · Power at road | 74.4 | Oct 21, 2025 | $59,700 | 803 | 680 | 10.0 mi | 57 |
| NM-549730 Landlocked · Power at road | 1669.4 | Sep 11, 2024 | $908,600 | 544 | 1,177 | 10.5 mi | 56 |
Show adjustment detail for the top comp
- Tract size (824.36 ac → 361.22 ac)+28.4%
- Access (Dirt → Gravel)+16.3%
- Utilities (Full utilities → Off grid)-30.3%
- Market time (7 mo)+2.5%
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.