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Quay County, NM · Sold

NM-701012

3878 County Road 316

$3,400
$1,126/ac · 3.02 ac
Acreage3.02 ac
Price per acre$1,126/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographySloped
ListedJun 18, 2026
Coordinates35.1071, -103.6295
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

4 items to verify before you offer.

Risk index
52
Moderate risk
Wetlands2.0% of tract

Little to no mapped wetland coverage.

Average slope27.2%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power3,288 ft away

Service extension needed; get a utility quote.

Buildable area1.78 of 3.02 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$4,543
$3,703$5,383 · $1,504/ac on 3.02 ac
Asking vs estimate
-25.2%
Priced below 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 $3,400
Maximum allowable offer
$2,596
$860/ac · +30.0% target margin

You need $804 off asking to hit this margin.

All-in cost$2,817
Net resale$4,179
Projected profit$1,363
ROI+48.4%
Annualized+69.2%
Break-even resale$1,014/ac
Profit if resale lands off target
-20%
$527
-10%
$945
0%
$1,363
+10%
$1,781
+20%
$2,199
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-870574
Gravel · Full utilities
2.2Jul 27, 2026$5,5002,4991,17710.8 mi
77
NM-310621
Landlocked · Power at road
2.3Apr 26, 2025$3,5001,5221,35510.3 mi
75
NM-940866
Gravel · Power at road
2.7Oct 4, 2024$6,0002,2151,3763.9 mi
73
NM-311839
Dirt · Power at road
5.5Nov 3, 2025$11,1002,0311,4427.7 mi
68
NM-590004
Dirt · Off grid
1.4Jun 7, 2024$3,2002,2041,8738.3 mi
61
NM-120025
Dirt · Power at road
1.5Feb 26, 2024$4,0002,6791,9577.0 mi
60
Show adjustment detail for the top comp
  • Tract size (2.2 ac → 3.02 ac)-0.8%
  • Access (Gravel → Landlocked)-32.0%
  • 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.