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Union County, NM · Sold

NM-202857

3538 County Road 301

$18,700
$1,628/ac · 11.49 ac
Acreage11.49 ac
Price per acre$1,628/ac
ZoningResidential
Road accessGravel
UtilitiesOff grid
TopographyWooded
ListedFeb 20, 2026
Coordinates36.3751, -103.4487
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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

4 items to verify before you offer.

Risk index
27
Low risk
Wetlands18.5% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope6.4%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

666 ft of deeded road frontage.

Power13,354 ft away

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

Buildable area8.90 of 11.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$14,882
$12,867$16,897 · $1,295/ac on 11.49 ac
Asking vs estimate
+25.7%
Priced above 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 $18,700
Maximum allowable offer
$8,504
$740/ac · +30.0% target margin

You need $10,196 off asking to hit this margin.

All-in cost$9,227
Net resale$13,691
Projected profit$4,464
ROI+48.4%
Annualized+69.2%
Break-even resale$873/ac
Profit if resale lands off target
-20%
$1,726
-10%
$3,095
0%
$4,464
+10%
$5,834
+20%
$7,203
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-132005
Gravel · Full utilities
6.2Jul 27, 2026$12,5002,0131,34614.4 mi
74
NM-731706
Paved · Full utilities
5.0Jul 27, 2026$9,7001,9381,0864.3 mi
73
NM-633480
Landlocked · Full utilities
18.0Aug 27, 2025$20,7001,1451,2804.0 mi
71
NM-292771
Paved · Full utilities
10.8Nov 7, 2024$27,2002,5171,58810.1 mi
70
NM-914496
Gravel · Full utilities
37.7Apr 12, 2024$48,5001,2881,15210.3 mi
56
Show adjustment detail for the top comp
  • Tract size (6.2 ac → 11.49 ac)-4.3%
  • Utilities (Full utilities → Off grid)-30.3%

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.