← New search
Harding County, NM · Sold

NM-249290

3009 County Road 46

$772,000
$636/ac · 1,214 ac
Acreage1,214 ac
Price per acre$636/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedJun 12, 2026
Coordinates35.9592, -103.8751
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

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

View Harding market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands14.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power150 ft away

Power at or near the road.

Buildable area990.46 of 1213.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$633,486
$527,938$739,033 · $522/ac on 1,214 ac
Asking vs estimate
+21.9%
Priced above the comp set

Weighted from 10 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 $772,000
Maximum allowable offer
$361,992
$298/ac · +30.0% target margin

You need $410,008 off asking to hit this margin.

All-in cost$392,761
Net resale$582,807
Projected profit$190,045
ROI+48.4%
Annualized+69.2%
Break-even resale$352/ac
Profit if resale lands off target
-20%
$73,484
-10%
$131,765
0%
$190,045
+10%
$248,326
+20%
$306,607
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-148960
Landlocked · Full utilities
955.6Aug 25, 2025$521,4005464329.3 mi
74
NM-588060
Dirt · Power at road
497.9Jul 27, 2026$348,8007014226.2 mi
73
NM-898584
Gravel · Off grid
727.8Jul 27, 2026$508,20069847814.7 mi
72
NM-608525
Dirt · Full utilities
697.3Jun 4, 2025$662,8009515456.3 mi
71
NM-319765
Gravel · Power at road
1712.2Apr 23, 2024$950,6005554611.8 mi
71
NM-369062
Dirt · Power at road
1028.9Mar 11, 2024$828,8008056679.5 mi
69
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,50081558111.8 mi
65
NM-599664
Paved · Off grid
1591.4Oct 21, 2024$1,359,30085467913.5 mi
65
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,4007044827.6 mi
62
NM-887963
Dirt · Full utilities
464.1Jul 19, 2025$454,7009804948.1 mi
61
Show adjustment detail for the top comp
  • Tract size (955.65 ac → 1213.73 ac)-7.2%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (12 mo)+4.1%

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.