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Harding County, NM · Sold

NM-608525

9691 County Road 94

$618,900
$888/ac · 697 ac
Acreage697 ac
Price per acre$888/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedApr 26, 2025
Coordinates35.9471, -103.9859
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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope8.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area639.95 of 697.34 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$670,406
$561,591$779,221 · $961/ac on 697 ac
Asking vs estimate
-7.7%
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 $618,900
Maximum allowable offer
$383,089
$549/ac · +30.0% target margin

You need $235,811 off asking to hit this margin.

All-in cost$415,652
Net resale$616,774
Projected profit$201,122
ROI+48.4%
Annualized+69.3%
Break-even resale$648/ac
Profit if resale lands off target
-20%
$77,768
-10%
$139,445
0%
$201,122
+10%
$262,800
+20%
$324,477
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-588060
Dirt · Power at road
497.9Jul 27, 2026$348,8007017732.9 mi
84
NM-898584
Gravel · Off grid
727.8Jul 27, 2026$508,20069887513.2 mi
81
NM-249290
Landlocked · Power at road
1213.7Jul 27, 2026$687,9005671,0416.3 mi
80
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,5008151,06513.0 mi
74
NM-887963
Dirt · Full utilities
464.1Jul 19, 2025$454,7009809059.8 mi
73
NM-148960
Landlocked · Full utilities
955.6Aug 25, 2025$521,4005467929.5 mi
73
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,40070488413.6 mi
67
NM-407180
Gravel · Off grid
263.2Nov 3, 2025$343,5001,3051,24411.0 mi
66
NM-369062
Dirt · Power at road
1028.9Mar 11, 2024$828,8008051,22115.0 mi
63
NM-246910
Dirt · Off grid
216.4Aug 27, 2025$180,70083588218.2 mi
58
Show adjustment detail for the top comp
  • Tract size (497.91 ac → 697.34 ac)-9.7%
  • Utilities (Power at road → Full utilities)+22.0%

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.