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Grant County, NM · Sold

NM-600061

4876 County Road 64

$2,900
$1,908/ac · 1.52 ac
Acreage1.52 ac
Price per acre$1,908/ac
ZoningRecreational
Road accessDirt
UtilitiesFull utilities
TopographyMixed
ListedJul 4, 2025
Coordinates32.7145, -108.4544
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

Grant County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Grant market data →

Step 1 · Is this a deal?

Due diligence

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands6.4% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

158 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.35 of 1.52 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,925
$3,611$4,239 · $2,582/ac on 1.52 ac
Asking vs estimate
-26.1%
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 $2,900
Maximum allowable offer
$2,243
$1,476/ac · +30.0% target margin

You need $657 off asking to hit this margin.

All-in cost$2,434
Net resale$3,611
Projected profit$1,178
ROI+48.4%
Annualized+69.3%
Break-even resale$1,740/ac
Profit if resale lands off target
-20%
$455
-10%
$816
0%
$1,178
+10%
$1,539
+20%
$1,900
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-160586
Gravel · Off grid
2.2Jul 10, 2025$4,4001,9872,5845.8 mi
70
NM-490628
Paved · Power at road
2.3Sep 12, 2024$6,3002,7392,6535.1 mi
67
NM-911708
Gravel · Power at road
5.0Mar 18, 2026$11,8002,3572,6025.1 mi
66
NM-921767
Paved · Full utilities
5.2Jun 4, 2025$17,4003,3372,64610.4 mi
63
NM-633104
Landlocked · Power at road
13.7Nov 21, 2024$17,7001,2862,36314.4 mi
46
Show adjustment detail for the top comp
  • Tract size (2.22 ac → 1.52 ac)+0.7%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Off grid → Full utilities)+43.5%
  • Market time (13 mo)+4.6%

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.