NM-247320
8881 County Road 70
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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?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
4,321 ft of deeded road frontage.
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 $163,140 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-847211 Landlocked · Full utilities | 269.2 | Jul 27, 2026 | $319,800 | 1,188 | 1,207 | 5.8 mi | 84 |
| NM-726384 Gravel · Power at road | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 1,073 | 5.1 mi | 76 |
| NM-126016 Dirt · Power at road | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 1,198 | 14.0 mi | 72 |
| NM-806067 Dirt · Power at road | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 1,355 | 1.8 mi | 69 |
| NM-735934 Dirt · Off grid | 106.7 | Dec 1, 2025 | $105,900 | 992 | 915 | 6.9 mi | 67 |
| NM-558460 Paved · Full utilities | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 1,414 | 7.8 mi | 64 |
| NM-475652 Paved · Power at road | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 961 | 4.8 mi | 61 |
| NM-728959 Gravel · Off grid | 955.0 | Dec 17, 2024 | $706,200 | 740 | 1,146 | 14.8 mi | 54 |
Show adjustment detail for the top comp
- Tract size (269.18 ac → 291.3 ac)-2.3%
- Access (Landlocked → Dirt)+26.5%
- Utilities (Full utilities → Power at road)-18.0%
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.