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Union County, NM · Sold

NM-197507

8124 County Road 335

$189,600
$568/ac · 334 ac
Acreage334 ac
Price per acre$568/ac
ZoningRecreational
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedDec 28, 2024
Coordinates36.6077, -103.4099
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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
34
Moderate risk
Wetlands3.0% of tract

Little to no mapped wetland coverage.

Average slope31.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,734 ft of deeded road frontage.

Power14,096 ft away

A long utility run — price in solar/off-grid instead.

Buildable area194.13 of 333.55 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$205,585
$186,438$224,731 · $616/ac on 334 ac
Asking vs estimate
-7.8%
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 $189,600
Maximum allowable offer
$117,477
$352/ac · +30.0% target margin

You need $72,123 off asking to hit this margin.

All-in cost$127,463
Net resale$189,138
Projected profit$61,675
ROI+48.4%
Annualized+69.2%
Break-even resale$415/ac
Profit if resale lands off target
-20%
$23,848
-10%
$42,762
0%
$61,675
+10%
$80,589
+20%
$99,503
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-137453
Paved · Off grid
320.8Jun 22, 2026$246,5007695577.9 mi
84
NM-697995
Dirt · Power at road
475.0Jul 27, 2026$286,70060457114.5 mi
77
NM-558442
Dirt · Off grid
656.6Apr 30, 2026$365,60055769118.9 mi
70
NM-489036
Landlocked · Off grid
1009.7Jun 10, 2026$388,20038568613.7 mi
66
NM-396805
Paved · Power at road
200.6Nov 3, 2024$207,5001,03459511.1 mi
62
Show adjustment detail for the top comp
  • Tract size (320.76 ac → 333.55 ac)-1.1%
  • Access (Paved → Dirt)-27.1%
  • 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.