Harding County, NM · Sold

NM-896039

2980 County Road 325

$187,200

$1,626/ac · 115 ac

Offer report Market this tract

Acreage115 ac

Price per acre$1,626/ac

ZoningAgricultural

Road accessGravel

UtilitiesOff grid

TopographyRolling

ListedApr 8, 2025

Coordinates35.8758, -103.7897

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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

Low risk

Wetlands5.2% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,360 ft of deeded road frontage.

Power6,480 ft away

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

Buildable area103.71 of 115.16 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$161,574

$134,838 – $188,309 · $1,403/ac on 115 ac

Asking vs estimate

+15.9%

Priced above the comp set

Weighted from 8 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 $187,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$92,328

$802/ac · +30.0% target margin

You need $94,872 off asking to hit this margin.

All-in cost$100,176

Net resale$148,648

Projected profit$48,472

ROI+48.4%

Annualized+69.2%

Break-even resale$946/ac

Profit if resale lands off target

-20%

$18,742

-10%

$33,607

$48,472

+10%

$63,337

+20%

$78,201

Comparable sales8 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-534975 Gravel · Off grid	53.3	Jul 27, 2026	$83,700	1,571	1,318	4.0 mi	83
NM-515886 Landlocked · Off grid	103.1	Apr 24, 2026	$82,600	801	1,161	7.4 mi	82
NM-407180 Gravel · Off grid	263.2	Nov 3, 2025	$343,500	1,305	1,688	1.4 mi	75
NM-566588 Paved · Off grid	171.4	Jan 22, 2025	$221,100	1,290	1,293	8.1 mi	68
NM-246910 Dirt · Off grid	216.4	Aug 27, 2025	$180,700	835	1,197	8.1 mi	68
NM-904768 Dirt · Off grid	45.9	Oct 6, 2024	$79,500	1,733	1,766	5.9 mi	66
NM-597743 Dirt · Off grid	395.7	Sep 12, 2025	$278,400	704	1,199	4.8 mi	64
NM-987011 Paved · Full utilities	232.9	Apr 9, 2025	$512,200	2,200	1,660	8.0 mi	63

Show adjustment detail for the top comp

Tract size (53.28 ac → 115.16 ac)-16.3%

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.

Build the listing kit Post a deal or JV