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Grant County, NM · Sold

NM-911708

3433 County Road 321

$11,300
$2,260/ac · 5.00 ac
Acreage5.00 ac
Price per acre$2,260/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedMay 18, 2025
Coordinates32.7822, -108.4892
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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

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

3 items to verify before you offer.

Risk index
37
Moderate risk
Wetlands35.2% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope3.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

174 ft of deeded road frontage.

Power142 ft away

Power at or near the road.

Buildable area3.08 of 5.00 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$11,114
$9,500$12,728 · $2,223/ac on 5.00 ac
Asking vs estimate
+1.7%
In line with 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 $11,300
Maximum allowable offer
$6,351
$1,270/ac · +30.0% target margin

You need $4,949 off asking to hit this margin.

All-in cost$6,891
Net resale$10,225
Projected profit$3,334
ROI+48.4%
Annualized+69.2%
Break-even resale$1,498/ac
Profit if resale lands off target
-20%
$1,289
-10%
$2,312
0%
$3,334
+10%
$4,357
+20%
$5,379
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-921767
Paved · Full utilities
5.2Jun 4, 2025$17,4003,3372,4397.3 mi
75
NM-160586
Gravel · Off grid
2.2Jul 10, 2025$4,4001,9872,3822.7 mi
69
NM-490628
Paved · Power at road
2.3Sep 12, 2024$6,3002,7392,4456.1 mi
68
NM-600061
Dirt · Full utilities
1.5Aug 16, 2025$2,5001,6411,5765.1 mi
62
NM-633104
Landlocked · Power at road
13.7Nov 21, 2024$17,7001,2862,17813.9 mi
57
Show adjustment detail for the top comp
  • Access (Paved → Gravel)-15.3%
  • Utilities (Full utilities → Power at road)-18.0%
  • Market time (14 mo)+5.0%

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.