NM-649081
2118 County Road 372
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
3,051 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
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 $167,874 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-698693 Dirt · Power at road | 787.6 | Jul 27, 2026 | $561,800 | 713 | 648 | 0.6 mi | 84 |
| NM-808352 Dirt · Full utilities | 615.2 | Jul 27, 2026 | $476,300 | 774 | 534 | 21.5 mi | 73 |
| NM-678500 Dirt · Full utilities | 684.8 | Apr 23, 2026 | $398,800 | 582 | 420 | 17.2 mi | 70 |
| NM-107427 Dirt · Off grid | 314.8 | Jul 27, 2026 | $230,000 | 731 | 592 | 10.5 mi | 68 |
| NM-529906 Dirt · Power at road | 1896.4 | Nov 26, 2024 | $840,700 | 443 | 567 | 11.9 mi | 66 |
| NM-739785 Dirt · Off grid | 1737.2 | Oct 31, 2024 | $422,900 | 243 | 357 | 15.7 mi | 62 |
Show adjustment detail for the top comp
- Tract size (787.58 ac → 1043.2 ac)-8.3%
- Access (Dirt → Gravel)+16.3%
- Utilities (Power at road → Off grid)-15.0%
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.