NM-394888
8028 County Road 129
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
1,028 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $22,974 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-805334 Dirt · Power at road | 69.1 | May 10, 2025 | $47,600 | 689 | 661 | 14.2 mi | 74 |
| NM-855045 Paved · Power at road | 56.0 | Apr 26, 2024 | $81,200 | 1,448 | 1,007 | 8.3 mi | 73 |
| NM-107427 Dirt · Off grid | 314.8 | Jul 27, 2026 | $230,000 | 731 | 1,169 | 9.8 mi | 66 |
| NM-911708 Gravel · Power at road | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 1,345 | 4.1 mi | 59 |
| NM-633104 Landlocked · Power at road | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 1,222 | 13.9 mi | 57 |
| NM-921767 Paved · Full utilities | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 1,368 | 6.0 mi | 53 |
Show adjustment detail for the top comp
- Tract size (69.11 ac → 50.03 ac)+7.1%
- Utilities (Power at road → Off grid)-15.0%
- Market time (15 mo)+5.3%
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.