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Harding County, NM · Sold

NM-203419

2018 County Road 141

$43,800
$2,538/ac · 17.26 ac
Acreage17.26 ac
Price per acre$2,538/ac
ZoningUnzoned
Road accessDirt
UtilitiesFull utilities
TopographyFlat
ListedFeb 16, 2024
Coordinates35.9295, -103.7471
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
43
Moderate risk
Wetlands32.1% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area11.13 of 17.26 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$39,363
$32,834$45,893 · $2,281/ac on 17.26 ac
Asking vs estimate
+11.3%
Priced above the comp set

Weighted from 7 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 $43,800
Maximum allowable offer
$22,493
$1,303/ac · +30.0% target margin

You need $21,307 off asking to hit this margin.

All-in cost$24,405
Net resale$36,214
Projected profit$11,809
ROI+48.4%
Annualized+69.3%
Break-even resale$1,537/ac
Profit if resale lands off target
-20%
$4,566
-10%
$8,188
0%
$11,809
+10%
$15,431
+20%
$19,052
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-123546
Paved · Full utilities
18.9Jan 21, 2026$61,8003,2682,4659.8 mi
83
NM-284148
Dirt · Power at road
29.3Jul 27, 2026$44,8001,5322,01410.2 mi
76
NM-804029
Gravel · Power at road
26.9Jul 27, 2026$42,4001,5781,76015.9 mi
72
NM-274046
Gravel · Power at road
27.2Jan 24, 2026$52,4001,9262,19814.0 mi
68
NM-534975
Gravel · Off grid
53.3Jul 27, 2026$83,7001,5712,3308.4 mi
68
NM-201740
Gravel · Power at road
5.1Feb 18, 2026$11,6002,2662,2068.4 mi
67
NM-904768
Dirt · Off grid
45.9Oct 6, 2024$79,5001,7333,12110.1 mi
59
Show adjustment detail for the top comp
  • Tract size (18.92 ac → 17.26 ac)+1.1%
  • Access (Paved → Dirt)-27.1%
  • Market time (7 mo)+2.4%

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.