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Quay County, NM · Sold

NM-823283

4171 County Road 223

$27,600
$1,765/ac · 15.64 ac
Acreage15.64 ac
Price per acre$1,765/ac
ZoningMixed Use
Road accessGravel
UtilitiesOff grid
TopographyMixed
ListedMar 9, 2026
Coordinates35.2143, -103.4899
Loading terrain…
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

Quay County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Quay market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
26
Low risk
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope6.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8,888 ft away

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

Buildable area13.52 of 15.64 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,348
$22,574$40,122 · $2,004/ac on 15.64 ac
Asking vs estimate
-12.0%
Priced below the comp set

Weighted from 7 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 $27,600
Maximum allowable offer
$17,913
$1,145/ac · +30.0% target margin

You need $9,687 off asking to hit this margin.

All-in cost$19,436
Net resale$28,840
Projected profit$9,404
ROI+48.4%
Annualized+69.3%
Break-even resale$1,351/ac
Profit if resale lands off target
-20%
$3,636
-10%
$6,520
0%
$9,404
+10%
$12,288
+20%
$15,172
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-283522
Gravel · Full utilities
18.6Mar 5, 2026$37,6002,0191,4628.1 mi
84
NM-403646
Gravel · Power at road
20.3Mar 5, 2025$69,9003,4363,19711.7 mi
70
NM-485358
Gravel · Full utilities
70.3Aug 11, 2025$157,6002,2412,0940.1 mi
65
NM-701012
Landlocked · Off grid
3.0Jul 27, 2026$3,4001,1331,50510.8 mi
64
NM-311839
Dirt · Power at road
5.5Nov 3, 2025$11,1002,0311,91211.2 mi
61
NM-825573
Dirt · Power at road
82.2Jun 3, 2026$131,2001,5962,12211.8 mi
60
NM-475652
Paved · Power at road
87.0Mar 27, 2025$149,8001,7221,7744.3 mi
57
Show adjustment detail for the top comp
  • Tract size (18.6 ac → 15.64 ac)+2.0%
  • Utilities (Full utilities → Off grid)-30.3%
  • Market time (5 mo)+1.9%

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.