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Quay County, NM · Sold

NM-249822

3967 County Road 314

$1,544,900
$866/ac · 1,784 ac
Acreage1,784 ac
Price per acre$866/ac
ZoningResidential
Road accessLandlocked
UtilitiesFull utilities
TopographyRolling
ListedNov 21, 2024
Coordinates35.2235, -103.4826
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

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope12.5%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area1333.31 of 1784.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,251,171
$1,150,054$1,352,288 · $701/ac on 1,784 ac
Asking vs estimate
+23.5%
Priced above the comp set

Weighted from 4 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 $1,544,900
Maximum allowable offer
$714,955
$401/ac · +30.0% target margin

You need $829,945 off asking to hit this margin.

All-in cost$775,726
Net resale$1,151,077
Projected profit$375,351
ROI+48.4%
Annualized+69.2%
Break-even resale$473/ac
Profit if resale lands off target
-20%
$145,136
-10%
$260,243
0%
$375,351
+10%
$490,459
+20%
$605,567
Comparable sales4 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-847211
Landlocked · Full utilities
269.2Jul 27, 2026$319,8001,1886697.9 mi
71
NM-558460
Paved · Full utilities
665.3Jul 12, 2025$1,175,9001,7687848.8 mi
67
NM-728959
Gravel · Off grid
955.0Dec 17, 2024$706,20074063514.5 mi
59
NM-247320
Dirt · Power at road
291.3May 31, 2024$343,5001,1797145.1 mi
52
Show adjustment detail for the top comp
  • Tract size (269.18 ac → 1784.41 ac)-43.8%

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.