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Quay County, NM · Sold

NM-726384

3766 County Road 72

$215,900
$1,460/ac · 148 ac
Acreage148 ac
Price per acre$1,460/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyFlat
ListedJan 17, 2026
Coordinates35.1306, -103.4750
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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
44
Moderate risk
Wetlands45.6% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope0.9%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

2,992 ft of deeded road frontage.

Power182 ft away

Power at or near the road.

Buildable area76.41 of 147.86 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$238,909
$209,740$268,078 · $1,616/ac on 148 ac
Asking vs estimate
-9.6%
Priced below the comp set

Weighted from 8 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 $215,900
Maximum allowable offer
$136,519
$923/ac · +30.0% target margin

You need $79,381 off asking to hit this margin.

All-in cost$148,123
Net resale$219,796
Projected profit$71,673
ROI+48.4%
Annualized+69.3%
Break-even resale$1,089/ac
Profit if resale lands off target
-20%
$27,714
-10%
$49,693
0%
$71,673
+10%
$93,653
+20%
$115,632
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-126016
Dirt · Power at road
113.3Jul 24, 2026$175,3001,5481,6849.0 mi
81
NM-847211
Landlocked · Full utilities
269.2Jul 27, 2026$319,8001,1881,6951.5 mi
78
NM-735934
Dirt · Off grid
106.7Dec 1, 2025$105,9009921,2852.0 mi
76
NM-806067
Dirt · Power at road
117.5Mar 12, 2025$192,7001,6391,9033.5 mi
75
NM-825573
Dirt · Power at road
82.2Jun 3, 2026$131,2001,5961,6158.9 mi
74
NM-475652
Paved · Power at road
87.0Mar 27, 2025$149,8001,7221,3511.6 mi
72
NM-485358
Gravel · Full utilities
70.3Aug 11, 2025$157,6002,2411,5945.9 mi
68
NM-247320
Dirt · Power at road
291.3May 31, 2024$343,5001,1791,8105.1 mi
65
Show adjustment detail for the top comp
  • Tract size (113.26 ac → 147.86 ac)-6.7%
  • Access (Dirt → Gravel)+16.3%

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.