NM-485358
9429 County Road 104
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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.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
961 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 7 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 $83,352 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-825573 Dirt · Power at road | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 2,367 | 11.9 mi | 83 |
| NM-475652 Paved · Power at road | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 1,979 | 4.4 mi | 77 |
| NM-126016 Dirt · Power at road | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 2,467 | 14.0 mi | 77 |
| NM-726384 Gravel · Power at road | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 2,208 | 5.9 mi | 75 |
| NM-735934 Dirt · Off grid | 106.7 | Dec 1, 2025 | $105,900 | 992 | 1,883 | 6.5 mi | 72 |
| NM-806067 Dirt · Power at road | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 2,789 | 5.3 mi | 67 |
| NM-403646 Gravel · Power at road | 20.3 | Mar 5, 2025 | $69,900 | 3,436 | 3,566 | 11.8 mi | 58 |
Show adjustment detail for the top comp
- Tract size (82.17 ac → 70.32 ac)+3.6%
- Access (Dirt → Gravel)+16.3%
- Utilities (Power at road → Full utilities)+22.0%
- Market time (2 mo)+0.8%
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.