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Harding County, NM · Sold

NM-588060

656 County Road 220

$353,400
$710/ac · 498 ac
Acreage498 ac
Price per acre$710/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedMar 20, 2026
Coordinates35.9080, -103.9665
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
19
Low risk
Wetlands5.8% of tract

Little to no mapped wetland coverage.

Average slope9.8%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power146 ft away

Power at or near the road.

Buildable area445.58 of 497.91 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$435,757
$381,233$490,280 · $875/ac on 498 ac
Asking vs estimate
-18.9%
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 $353,400
Maximum allowable offer
$249,004
$500/ac · +30.0% target margin

You need $104,396 off asking to hit this margin.

All-in cost$270,169
Net resale$400,896
Projected profit$130,727
ROI+48.4%
Annualized+69.2%
Break-even resale$590/ac
Profit if resale lands off target
-20%
$50,548
-10%
$90,637
0%
$130,727
+10%
$170,816
+20%
$210,906
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-887963
Dirt · Full utilities
464.1Jul 19, 2025$454,7009808227.2 mi
78
NM-898584
Gravel · Off grid
727.8Jul 27, 2026$508,20069879510.4 mi
76
NM-608525
Dirt · Full utilities
697.3Jun 4, 2025$662,8009519072.9 mi
75
NM-249290
Landlocked · Power at road
1213.7Jul 27, 2026$687,9005679456.2 mi
73
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,40070480312.6 mi
73
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,50081596710.2 mi
72
NM-407180
Gravel · Off grid
263.2Nov 3, 2025$343,5001,3051,1309.3 mi
67
NM-148960
Landlocked · Full utilities
955.6Aug 25, 2025$521,4005467196.6 mi
67
NM-246910
Dirt · Off grid
216.4Aug 27, 2025$180,70083580115.6 mi
62
NM-566588
Paved · Off grid
171.4Jan 22, 2025$221,1001,2908662.4 mi
62
Show adjustment detail for the top comp
  • Tract size (464.12 ac → 497.91 ac)-2.1%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (13 mo)+4.5%

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.