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Grant County, NM · Sold

NM-107427

7763 County Road 303

$231,900
$737/ac · 315 ac
Acreage315 ac
Price per acre$737/ac
ZoningResidential
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedFeb 23, 2026
Coordinates32.7029, -108.4638
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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

5 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands14.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,538 ft away

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

Buildable area254.48 of 314.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$182,271
$140,318$224,223 · $579/ac on 315 ac
Asking vs estimate
+27.2%
Priced above the comp set

Weighted from 6 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 $231,900
Maximum allowable offer
$104,155
$331/ac · +30.0% target margin

You need $127,745 off asking to hit this margin.

All-in cost$113,008
Net resale$167,689
Projected profit$54,681
ROI+48.4%
Annualized+69.2%
Break-even resale$390/ac
Profit if resale lands off target
-20%
$21,143
-10%
$37,912
0%
$54,681
+10%
$71,450
+20%
$88,218
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-808352
Dirt · Full utilities
615.2Jul 27, 2026$476,30077466113.4 mi
73
NM-698693
Dirt · Power at road
787.6Jul 27, 2026$561,80071380110.2 mi
71
NM-678500
Dirt · Full utilities
684.8Apr 23, 2026$398,80058251911.3 mi
70
NM-649081
Gravel · Off grid
1043.2May 28, 2025$453,70043556510.5 mi
59
NM-739785
Dirt · Off grid
1737.2Oct 31, 2024$422,9002434428.9 mi
56
NM-805334
Dirt · Power at road
69.1May 10, 2025$47,60068941414.1 mi
55
Show adjustment detail for the top comp
  • Tract size (615.2 ac → 314.77 ac)+22.2%
  • 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.