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Taos County, NM · Sold

NM-517348

545 County Road 186

$282,800
$951/ac · 297 ac
Acreage297 ac
Price per acre$951/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyWooded
ListedFeb 9, 2025
Coordinates36.6148, -105.5326
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands8.9% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,050 ft of deeded road frontage.

Power53 ft away

Power at or near the road.

Buildable area257.26 of 297.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$404,548
$331,464$477,632 · $1,361/ac on 297 ac
Asking vs estimate
-30.1%
Priced below the comp set

Weighted from 9 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 $282,800
Maximum allowable offer
$231,170
$778/ac · +30.0% target margin

You need $51,630 off asking to hit this margin.

All-in cost$250,819
Net resale$372,184
Projected profit$121,365
ROI+48.4%
Annualized+69.2%
Break-even resale$917/ac
Profit if resale lands off target
-20%
$46,928
-10%
$84,146
0%
$121,365
+10%
$158,583
+20%
$195,801
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-487665
Dirt · Power at road
374.0Jul 27, 2026$281,2007529379.8 mi
85
NM-578154
Paved · Power at road
533.0Jun 3, 2026$753,7001,4141,4383.2 mi
78
NM-135898
Dirt · Power at road
104.0Jul 27, 2026$181,6001,7461,5296.7 mi
76
NM-978975
Landlocked · Off grid
966.1Jul 27, 2026$409,1004231,0484.5 mi
75
NM-138448
Gravel · Off grid
659.5Apr 23, 2026$598,3009071,37311.8 mi
75
NM-868310
Dirt · Off grid
596.8Dec 3, 2024$543,7009111,6441.3 mi
67
NM-656004
Gravel · Off grid
112.3Jun 18, 2025$145,9001,2991,2283.8 mi
66
NM-597788
Paved · Off grid
408.9Feb 21, 2025$567,5001,3881,61512.7 mi
66
NM-505996
Dirt · Full utilities
111.6Sep 3, 2024$224,9002,0151,5898.2 mi
57
Show adjustment detail for the top comp
  • Tract size (374 ac → 297.26 ac)+7.0%
  • Access (Dirt → Gravel)+16.3%

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.