NM-847211
1191 County Road 370
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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?
1 item to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
No legal access of record — resale is severely limited.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 8 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 $154,073 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-726384 Gravel · Power at road | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 1,059 | 1.5 mi | 77 |
| NM-558460 Paved · Full utilities | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 1,395 | 2.3 mi | 72 |
| NM-247320 Dirt · Power at road | 291.3 | May 31, 2024 | $343,500 | 1,179 | 1,272 | 5.8 mi | 71 |
| NM-126016 Dirt · Power at road | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 1,183 | 8.3 mi | 70 |
| NM-806067 Dirt · Power at road | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 1,337 | 4.0 mi | 69 |
| NM-735934 Dirt · Off grid | 106.7 | Dec 1, 2025 | $105,900 | 992 | 903 | 2.7 mi | 68 |
| NM-825573 Dirt · Power at road | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 1,134 | 9.1 mi | 65 |
| NM-475652 Paved · Power at road | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 949 | 3.1 mi | 62 |
Show adjustment detail for the top comp
- Tract size (147.86 ac → 269.18 ac)-15.3%
- Access (Gravel → Landlocked)-32.0%
- Utilities (Power at road → Full utilities)+22.0%
- Market time (2 mo)+0.7%
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.
