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Taos County, NM · Sold

NM-978975

9394 County Road 399

$479,600
$496/ac · 966 ac
Acreage966 ac
Price per acre$496/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyWooded
ListedJul 12, 2026
Coordinates36.6088, -105.6138
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

Taos County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Taos market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
29
Low risk
Wetlands2.4% of tract

Little to no mapped wetland coverage.

Average slope6.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power908 ft away

Service extension needed; get a utility quote.

Buildable area895.76 of 966.09 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$551,603
$416,176$687,030 · $571/ac on 966 ac
Asking vs estimate
-13.1%
Priced below the comp set

Weighted from 7 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 $479,600
Maximum allowable offer
$315,202
$326/ac · +30.0% target margin

You need $164,398 off asking to hit this margin.

All-in cost$341,994
Net resale$507,475
Projected profit$165,481
ROI+48.4%
Annualized+69.2%
Break-even resale$385/ac
Profit if resale lands off target
-20%
$63,986
-10%
$114,733
0%
$165,481
+10%
$216,228
+20%
$266,976
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-138448
Gravel · Off grid
659.5Apr 23, 2026$598,3009075567.8 mi
82
NM-487665
Dirt · Power at road
374.0Jul 27, 2026$281,2007523795.4 mi
76
NM-578154
Paved · Power at road
533.0Jun 3, 2026$753,7001,4145826.2 mi
74
NM-868310
Dirt · Off grid
596.8Dec 3, 2024$543,7009116655.2 mi
69
NM-517348
Gravel · Power at road
297.3Sep 22, 2025$280,5009443964.5 mi
68
NM-597788
Paved · Off grid
408.9Feb 21, 2025$567,5001,3886548.5 mi
62
NM-709977
Dirt · Full utilities
1996.5Jul 12, 2024$2,171,5001,0888186.0 mi
61
Show adjustment detail for the top comp
  • Tract size (659.5 ac → 966.09 ac)-11.1%
  • Access (Gravel → Landlocked)-32.0%
  • Market time (4 mo)+1.3%

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.