NM-246910
5654 County Road 77
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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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
2,233 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $85,529 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-987011 Paved · Full utilities | 232.9 | Apr 9, 2025 | $512,200 | 2,200 | 1,205 | 4.2 mi | 80 |
| NM-407180 Gravel · Off grid | 263.2 | Nov 3, 2025 | $343,500 | 1,305 | 1,225 | 9.5 mi | 75 |
| NM-515886 Landlocked · Off grid | 103.1 | Apr 24, 2026 | $82,600 | 801 | 843 | 5.1 mi | 73 |
| NM-896039 Gravel · Off grid | 115.2 | Jan 25, 2026 | $165,700 | 1,439 | 1,069 | 8.1 mi | 71 |
| NM-588060 Dirt · Power at road | 497.9 | Jul 27, 2026 | $348,800 | 701 | 762 | 15.6 mi | 70 |
| NM-597743 Dirt · Off grid | 395.7 | Sep 12, 2025 | $278,400 | 704 | 871 | 11.9 mi | 69 |
| NM-566588 Paved · Off grid | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 939 | 13.2 mi | 69 |
| NM-898584 Gravel · Off grid | 727.8 | Jul 27, 2026 | $508,200 | 698 | 862 | 11.6 mi | 67 |
| NM-887963 Dirt · Full utilities | 464.1 | Jul 19, 2025 | $454,700 | 980 | 891 | 8.4 mi | 66 |
| NM-258577 Dirt · Power at road | 724.1 | Apr 1, 2025 | $590,500 | 815 | 1,049 | 6.2 mi | 61 |
Show adjustment detail for the top comp
- Tract size (232.87 ac → 216.44 ac)+2.1%
- Access (Paved → Dirt)-27.1%
- Utilities (Full utilities → Off grid)-30.3%
- Market time (16 mo)+5.7%
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.
