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Harding County, NM · Sold

NM-898584

3268 County Road 264

$494,800
$680/ac · 728 ac
Acreage728 ac
Price per acre$680/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographySloped
ListedJun 23, 2026
Coordinates35.7574, -103.9599
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

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands1.2% of tract

Little to no mapped wetland coverage.

Average slope23.5%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,653 ft of deeded road frontage.

Power5,570 ft away

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

Buildable area431.43 of 727.79 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$586,722
$489,279$684,166 · $806/ac on 728 ac
Asking vs estimate
-15.7%
Priced below 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 $494,800
Maximum allowable offer
$335,270
$461/ac · +30.0% target margin

You need $159,530 off asking to hit this margin.

All-in cost$363,768
Net resale$539,784
Projected profit$176,017
ROI+48.4%
Annualized+69.2%
Break-even resale$543/ac
Profit if resale lands off target
-20%
$68,060
-10%
$122,038
0%
$176,017
+10%
$229,995
+20%
$283,973
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,5008158516.1 mi
80
NM-588060
Dirt · Power at road
497.9Jul 27, 2026$348,80070161810.4 mi
76
NM-148960
Landlocked · Full utilities
955.6Aug 25, 2025$521,4005466335.7 mi
73
NM-887963
Dirt · Full utilities
464.1Jul 19, 2025$454,7009807237.9 mi
73
NM-608525
Dirt · Full utilities
697.3Jun 4, 2025$662,80095179813.2 mi
72
NM-249290
Landlocked · Power at road
1213.7Jul 27, 2026$687,90056783214.7 mi
72
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,40070470717.3 mi
69
NM-599664
Paved · Off grid
1591.4Oct 21, 2024$1,359,3008549949.4 mi
66
NM-407180
Gravel · Off grid
263.2Nov 3, 2025$343,5001,30599513.0 mi
65
NM-369062
Dirt · Power at road
1028.9Mar 11, 2024$828,80080597716.1 mi
60
Show adjustment detail for the top comp
  • Access (Dirt → Gravel)+16.3%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (16 mo)+5.8%

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.