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Union County, NM · Sold

NM-396805

563 County Road 41

$207,700
$1,035/ac · 201 ac
Acreage201 ac
Price per acre$1,035/ac
ZoningResidential
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedOct 17, 2024
Coordinates36.4477, -103.4202
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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

3 items to verify before you offer.

Risk index
16
Low risk
Wetlands13.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

3,033 ft of deeded road frontage.

Power151 ft away

Power at or near the road.

Buildable area165.22 of 200.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$207,952
$180,067$235,836 · $1,037/ac on 201 ac
Asking vs estimate
-0.1%
In line with 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 $207,700
Maximum allowable offer
$118,830
$592/ac · +30.0% target margin

You need $88,870 off asking to hit this margin.

All-in cost$128,931
Net resale$191,316
Projected profit$62,385
ROI+48.4%
Annualized+69.2%
Break-even resale$699/ac
Profit if resale lands off target
-20%
$24,122
-10%
$43,254
0%
$62,385
+10%
$81,517
+20%
$100,648
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-137453
Paved · Off grid
320.8Jun 22, 2026$246,5007691,0414.0 mi
80
NM-697995
Dirt · Power at road
475.0Jul 27, 2026$286,7006041,06710.5 mi
72
NM-175474
Gravel · Full utilities
76.5Jan 16, 2026$86,8001,1358782.0 mi
69
NM-197507
Dirt · Off grid
333.6Aug 21, 2025$157,90047492111.1 mi
66
NM-558442
Dirt · Off grid
656.6Apr 30, 2026$365,6005571,29010.1 mi
64
Show adjustment detail for the top comp
  • Tract size (320.76 ac → 200.59 ac)+14.4%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (2 mo)+0.6%

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.