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Union County, NM · Sold

NM-914496

3587 County Road 17

$53,400
$1,418/ac · 37.66 ac
Acreage37.66 ac
Price per acre$1,418/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyFlat
ListedJan 13, 2024
Coordinates36.4052, -103.6294
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

Union County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Union market data →

Step 1 · Is this a deal?

Due diligence

3 items to verify before you offer.

Risk index
12
Low risk
Wetlands12.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

987 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area31.45 of 37.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$63,413
$54,578$72,247 · $1,684/ac on 37.66 ac
Asking vs estimate
-15.8%
Priced below the comp set

Weighted from 5 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 $53,400
Maximum allowable offer
$36,236
$962/ac · +30.0% target margin

You need $17,164 off asking to hit this margin.

All-in cost$39,316
Net resale$58,340
Projected profit$19,024
ROI+48.4%
Annualized+69.2%
Break-even resale$1,135/ac
Profit if resale lands off target
-20%
$7,356
-10%
$13,190
0%
$19,024
+10%
$24,857
+20%
$30,691
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-175474
Gravel · Full utilities
76.5Jan 16, 2026$86,8001,1351,34510.6 mi
75
NM-202857
Gravel · Off grid
11.5Mar 10, 2026$17,6001,5351,91810.3 mi
65
NM-633480
Landlocked · Full utilities
18.0Aug 27, 2025$20,7001,1451,57112.2 mi
65
NM-292771
Paved · Full utilities
10.8Nov 7, 2024$27,2002,5171,9490.4 mi
63
NM-396805
Paved · Power at road
200.6Nov 3, 2024$207,5001,0341,70212.0 mi
50
Show adjustment detail for the top comp
  • Tract size (76.48 ac → 37.66 ac)+15.6%
  • 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.