← New search
Union County, NM · Sold

NM-558442

7348 County Road 193

$428,100
$652/ac · 657 ac
Acreage657 ac
Price per acre$652/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedMar 27, 2026
Coordinates36.3675, -103.5718
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

5 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,916 ft away

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

Buildable area508.40 of 656.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$301,430
$262,226$340,633 · $459/ac on 657 ac
Asking vs estimate
+42.0%
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 $428,100
Maximum allowable offer
$172,246
$262/ac · +30.0% target margin

You need $255,854 off asking to hit this margin.

All-in cost$186,887
Net resale$277,315
Projected profit$90,428
ROI+48.4%
Annualized+69.2%
Break-even resale$309/ac
Profit if resale lands off target
-20%
$34,965
-10%
$62,697
0%
$90,428
+10%
$118,160
+20%
$145,892
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-697995
Dirt · Power at road
475.0Jul 27, 2026$286,7006044667.3 mi
81
NM-489036
Landlocked · Off grid
1009.7Jun 10, 2026$388,2003855605.9 mi
78
NM-137453
Paved · Off grid
320.8Jun 22, 2026$246,50076945513.8 mi
75
NM-259299
Gravel · Power at road
1221.7Jul 27, 2026$520,20042637818.6 mi
73
NM-197507
Dirt · Off grid
333.6Aug 21, 2025$157,90047440218.9 mi
65
NM-396805
Paved · Power at road
200.6Nov 3, 2024$207,5001,03448610.1 mi
55
Show adjustment detail for the top comp
  • Tract size (475 ac → 656.64 ac)-9.4%
  • Utilities (Power at road → Off grid)-15.0%

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.