NM-311839
3146 County Road 385
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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.
302 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 6 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 $6,700 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-870574 Gravel · Full utilities | 2.2 | Jul 27, 2026 | $5,500 | 2,499 | 1,711 | 3.7 mi | 77 |
| NM-701012 Landlocked · Off grid | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 1,650 | 7.7 mi | 74 |
| NM-940866 Gravel · Power at road | 2.7 | Oct 4, 2024 | $6,000 | 2,215 | 2,001 | 4.0 mi | 71 |
| NM-310621 Landlocked · Power at road | 2.3 | Apr 26, 2025 | $3,500 | 1,522 | 1,970 | 2.6 mi | 67 |
| NM-823283 Gravel · Off grid | 15.6 | Jul 27, 2026 | $28,200 | 1,805 | 1,984 | 11.2 mi | 67 |
| NM-283522 Gravel · Full utilities | 18.6 | Mar 5, 2026 | $37,600 | 2,019 | 1,604 | 5.5 mi | 65 |
Show adjustment detail for the top comp
- Tract size (2.2 ac → 5.49 ac)-3.1%
- Access (Gravel → Dirt)-14.0%
- 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.