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Harding County, NM · Sold

NM-887963

8214 County Road 359

$422,200
$910/ac · 464 ac
Acreage464 ac
Price per acre$910/ac
ZoningMixed Use
Road accessDirt
UtilitiesFull utilities
TopographyWooded
ListedNov 4, 2024
Coordinates35.8428, -103.8666
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands16.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,723 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area369.49 of 464.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$509,608
$427,577$591,639 · $1,098/ac on 464 ac
Asking vs estimate
-17.2%
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 $422,200
Maximum allowable offer
$291,205
$627/ac · +30.0% target margin

You need $130,995 off asking to hit this margin.

All-in cost$315,957
Net resale$468,839
Projected profit$152,882
ROI+48.4%
Annualized+69.2%
Break-even resale$740/ac
Profit if resale lands off target
-20%
$59,114
-10%
$105,998
0%
$152,882
+10%
$199,766
+20%
$246,650
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-588060
Dirt · Power at road
497.9Jul 27, 2026$348,8007018757.2 mi
86
NM-898584
Gravel · Off grid
727.8Jul 27, 2026$508,2006989907.9 mi
81
NM-597743
Dirt · Off grid
395.7Sep 12, 2025$278,4007041,0009.4 mi
80
NM-258577
Dirt · Power at road
724.1Apr 1, 2025$590,5008151,2053.7 mi
77
NM-608525
Dirt · Full utilities
697.3Jun 4, 2025$662,8009511,1309.8 mi
72
NM-148960
Landlocked · Full utilities
955.6Aug 25, 2025$521,4005468962.4 mi
71
NM-407180
Gravel · Off grid
263.2Nov 3, 2025$343,5001,3051,4085.1 mi
70
NM-249290
Landlocked · Power at road
1213.7Jul 27, 2026$687,9005671,1788.1 mi
69
NM-246910
Dirt · Off grid
216.4Aug 27, 2025$180,7008359988.4 mi
67
NM-987011
Paved · Full utilities
232.9Apr 9, 2025$512,2002,2001,3845.8 mi
67
Show adjustment detail for the top comp
  • Tract size (497.91 ac → 464.12 ac)+2.1%
  • 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.