Harding County, NM · Sold

NM-599664

2221 County Road 97

$1,541,200

$968/ac · 1,591 ac

Offer report Market this tract

Acreage1,591 ac

Price per acre$968/ac

ZoningMixed Use

Road accessPaved

UtilitiesOff grid

TopographyMixed

ListedDec 3, 2023

Coordinates35.7745, -103.7945

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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

1 item to verify before you offer.

Risk index

Low risk

Wetlands0.7% of tract

Little to no mapped wetland coverage.

Average slope4.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,174 ft of deeded road frontage.

Power14,082 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1501.27 of 1591.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,111,939

$951,286 – $1,272,592 · $699/ac on 1,591 ac

Asking vs estimate

+38.6%

Priced above 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 $1,541,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$635,394

$399/ac · +30.0% target margin

You need $905,806 off asking to hit this margin.

All-in cost$689,402

Net resale$1,022,984

Projected profit$333,581

ROI+48.4%

Annualized+69.2%

Break-even resale$471/ac

Profit if resale lands off target

-20%

$128,985

-10%

$231,283

$333,581

+10%

$435,880

+20%

$538,178

Comparable sales9 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-898584 Gravel · Off grid	727.8	Jul 27, 2026	$508,200	698	647	9.4 mi	77
NM-249290 Landlocked · Power at road	1213.7	Jul 27, 2026	$687,900	567	770	13.5 mi	76
NM-258577 Dirt · Power at road	724.1	Apr 1, 2025	$590,500	815	787	3.7 mi	69
NM-148960 Landlocked · Full utilities	955.6	Aug 25, 2025	$521,400	546	586	7.2 mi	68
NM-319765 Gravel · Power at road	1712.2	Apr 23, 2024	$950,600	555	625	13.6 mi	67
NM-588060 Dirt · Power at road	497.9	Jul 27, 2026	$348,800	701	572	13.3 mi	65
NM-887963 Dirt · Full utilities	464.1	Jul 19, 2025	$454,700	980	669	6.2 mi	64
NM-369062 Dirt · Power at road	1028.9	Mar 11, 2024	$828,800	805	903	9.0 mi	63
NM-608525 Dirt · Full utilities	697.3	Jun 4, 2025	$662,800	951	738	16.0 mi	58

Show adjustment detail for the top comp

Tract size (727.79 ac → 1591.42 ac)-21.6%
Access (Gravel → Paved)+18.0%

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.

Build the listing kit Post a deal or JV