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Grant County, NM · Sold

NM-490628

7705 County Road 295

$6,500
$2,838/ac · 2.29 ac
Acreage2.29 ac
Price per acre$2,838/ac
ZoningMixed Use
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedSep 8, 2023
Coordinates32.7622, -108.3870
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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
23
Low risk
Wetlands20.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope2.9%

Gentle grade, straightforward to develop.

Flood zoneA

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

Legal accessDeeded frontage

230 ft of deeded road frontage.

Power125 ft away

Power at or near the road.

Buildable area1.73 of 2.29 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$6,097
$5,188$7,006 · $2,662/ac on 2.29 ac
Asking vs estimate
+6.6%
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 $6,500
Maximum allowable offer
$3,484
$1,521/ac · +30.0% target margin

You need $3,016 off asking to hit this margin.

All-in cost$3,780
Net resale$5,609
Projected profit$1,829
ROI+48.4%
Annualized+69.2%
Break-even resale$1,794/ac
Profit if resale lands off target
-20%
$707
-10%
$1,268
0%
$1,829
+10%
$2,390
+20%
$2,951
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-160586
Gravel · Off grid
2.2Jul 10, 2025$4,4001,9872,8844.3 mi
78
NM-911708
Gravel · Power at road
5.0Mar 18, 2026$11,8002,3572,9046.1 mi
76
NM-600061
Dirt · Full utilities
1.5Aug 16, 2025$2,5001,6411,9085.1 mi
71
NM-921767
Paved · Full utilities
5.2Jun 4, 2025$17,4003,3372,9546.6 mi
66
NM-633104
Landlocked · Power at road
13.7Nov 21, 2024$17,7001,2862,6389.3 mi
54
Show adjustment detail for the top comp
  • Access (Gravel → Paved)+18.0%
  • Utilities (Off grid → Power at road)+17.6%
  • 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.