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Union County, NM · Sold

NM-697995

3788 County Road 61

$331,500
$698/ac · 475 ac
Acreage475 ac
Price per acre$698/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyMixed
ListedJul 26, 2026
Coordinates36.4695, -103.6075
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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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,799 ft of deeded road frontage.

Power196 ft away

Power at or near the road.

Buildable area435.91 of 475.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$293,923
$249,596$338,249 · $619/ac on 475 ac
Asking vs estimate
+12.8%
Priced above the comp set

Weighted from 6 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 $331,500
Maximum allowable offer
$167,956
$354/ac · +30.0% target margin

You need $163,544 off asking to hit this margin.

All-in cost$182,232
Net resale$270,409
Projected profit$88,177
ROI+48.4%
Annualized+69.2%
Break-even resale$417/ac
Profit if resale lands off target
-20%
$34,095
-10%
$61,136
0%
$88,177
+10%
$115,218
+20%
$142,259
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-558442
Dirt · Off grid
656.6Apr 30, 2026$365,6005577327.3 mi
79
NM-489036
Landlocked · Off grid
1009.7Jun 10, 2026$388,2003857262.8 mi
74
NM-137453
Paved · Off grid
320.8Jun 22, 2026$246,50076959012.7 mi
73
NM-197507
Dirt · Off grid
333.6Aug 21, 2025$157,90047452214.5 mi
69
NM-259299
Gravel · Power at road
1221.7Jul 27, 2026$520,20042649114.2 mi
68
NM-396805
Paved · Power at road
200.6Nov 3, 2024$207,5001,03463110.5 mi
60
Show adjustment detail for the top comp
  • Tract size (656.64 ac → 475 ac)+10.3%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (4 mo)+1.2%

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.