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Union County, NM · Sold

NM-259299

8993 County Road 271

$531,900
$435/ac · 1,222 ac
Acreage1,222 ac
Price per acre$435/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedJan 2, 2026
Coordinates36.6038, -103.4130
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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

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

2 items to verify before you offer.

Risk index
10
Low risk
Wetlands1.4% of tract

Little to no mapped wetland coverage.

Average slope13.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

8,003 ft of deeded road frontage.

Power107 ft away

Power at or near the road.

Buildable area963.65 of 1221.67 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$678,648
$592,194$765,102 · $556/ac on 1,222 ac
Asking vs estimate
-21.6%
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 $531,900
Maximum allowable offer
$387,799
$317/ac · +30.0% target margin

You need $144,101 off asking to hit this margin.

All-in cost$420,762
Net resale$624,356
Projected profit$203,594
ROI+48.4%
Annualized+69.2%
Break-even resale$374/ac
Profit if resale lands off target
-20%
$78,723
-10%
$141,159
0%
$203,594
+10%
$266,030
+20%
$328,466
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-489036
Landlocked · Off grid
1009.7Jun 10, 2026$388,20038563213.4 mi
76
NM-558442
Dirt · Off grid
656.6Apr 30, 2026$365,60055763618.6 mi
71
NM-137453
Paved · Off grid
320.8Jun 22, 2026$246,5007695137.6 mi
70
NM-697995
Dirt · Power at road
475.0Jul 27, 2026$286,70060452614.2 mi
68
NM-197507
Dirt · Off grid
333.6Aug 21, 2025$157,9004744540.3 mi
65
Show adjustment detail for the top comp
  • Tract size (1009.74 ac → 1221.67 ac)-5.8%
  • Access (Landlocked → Gravel)+47.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.8%

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.