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Quay County, NM · Sold

NM-283522

6793 County Road 29

$41,500
$2,231/ac · 18.60 ac
Acreage18.60 ac
Price per acre$2,231/ac
ZoningMixed Use
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedFeb 18, 2026
Coordinates35.1159, -103.5682
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

No material red flags on the mapped layers.

Risk index
11
Low risk
Wetlands8.4% of tract

Little to no mapped wetland coverage.

Average slope8.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

952 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area16.19 of 18.60 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$56,834
$43,586$70,083 · $3,056/ac on 18.60 ac
Asking vs estimate
-27.0%
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 $41,500
Maximum allowable offer
$32,477
$1,746/ac · +30.0% target margin

You need $9,023 off asking to hit this margin.

All-in cost$35,238
Net resale$52,288
Projected profit$17,050
ROI+48.4%
Annualized+69.2%
Break-even resale$2,059/ac
Profit if resale lands off target
-20%
$6,593
-10%
$11,821
0%
$17,050
+10%
$22,279
+20%
$27,508
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-823283
Gravel · Off grid
15.6Jul 27, 2026$28,2001,8052,5458.1 mi
88
NM-403646
Gravel · Power at road
20.3Mar 5, 2025$69,9003,4364,4974.9 mi
77
NM-825573
Dirt · Power at road
82.2Jun 3, 2026$131,2001,5962,9853.8 mi
67
NM-485358
Gravel · Full utilities
70.3Aug 11, 2025$157,6002,2412,9468.2 mi
64
NM-311839
Dirt · Power at road
5.5Nov 3, 2025$11,1002,0312,6905.5 mi
63
NM-475652
Paved · Power at road
87.0Mar 27, 2025$149,8001,7222,4965.3 mi
56
Show adjustment detail for the top comp
  • Tract size (15.64 ac → 18.6 ac)-2.0%
  • Utilities (Off grid → Full utilities)+43.5%

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.