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Quay County, NM · Sold

NM-735934

542 County Road 260

$113,400
$1,062/ac · 107 ac
Acreage107 ac
Price per acre$1,062/ac
ZoningUnzoned
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedApr 28, 2025
Coordinates35.1229, -103.5083
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

2 items to verify before you offer.

Risk index
21
Low risk
Wetlands10.1% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

2,468 ft of deeded road frontage.

Power5,332 ft away

A long utility run — price in solar/off-grid instead.

Buildable area91.15 of 106.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$139,290
$125,741$152,839 · $1,305/ac on 107 ac
Asking vs estimate
-18.6%
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 $113,400
Maximum allowable offer
$79,594
$746/ac · +30.0% target margin

You need $33,806 off asking to hit this margin.

All-in cost$86,359
Net resale$128,147
Projected profit$41,787
ROI+48.4%
Annualized+69.3%
Break-even resale$879/ac
Profit if resale lands off target
-20%
$16,158
-10%
$28,973
0%
$41,787
+10%
$54,602
+20%
$67,417
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-126016
Dirt · Power at road
113.3Jul 24, 2026$175,3001,5481,3397.6 mi
86
NM-825573
Dirt · Power at road
82.2Jun 3, 2026$131,2001,5961,2847.0 mi
81
NM-726384
Gravel · Power at road
147.9Jun 16, 2026$221,3001,4971,1982.0 mi
81
NM-806067
Dirt · Power at road
117.5Mar 12, 2025$192,7001,6391,5135.3 mi
77
NM-475652
Paved · Power at road
87.0Mar 27, 2025$149,8001,7221,0742.4 mi
75
NM-847211
Landlocked · Full utilities
269.2Jul 27, 2026$319,8001,1881,3482.7 mi
74
NM-485358
Gravel · Full utilities
70.3Aug 11, 2025$157,6002,2411,2686.5 mi
70
NM-247320
Dirt · Power at road
291.3May 31, 2024$343,5001,1791,4406.9 mi
60
Show adjustment detail for the top comp
  • Tract size (113.26 ac → 106.73 ac)+1.5%
  • Utilities (Power at road → Off grid)-15.0%

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.