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Quay County, NM · Sold

NM-120025

2896 County Road 4

$4,500
$3,041/ac · 1.48 ac
Acreage1.48 ac
Price per acre$3,041/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedFeb 6, 2024
Coordinates35.1245, -103.5070
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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

2 items to verify before you offer.

Risk index
19
Low risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope19.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

162 ft of deeded road frontage.

Power110 ft away

Power at or near the road.

Buildable area1.12 of 1.48 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$3,082
$2,491$3,673 · $2,082/ac on 1.48 ac
Asking vs estimate
+46.0%
Priced above the comp set

Weighted from 5 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 $4,500
Maximum allowable offer
$1,761
$1,190/ac · +30.0% target margin

You need $2,739 off asking to hit this margin.

All-in cost$1,911
Net resale$2,835
Projected profit$924
ROI+48.4%
Annualized+69.2%
Break-even resale$1,403/ac
Profit if resale lands off target
-20%
$357
-10%
$641
0%
$924
+10%
$1,208
+20%
$1,491
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-870574
Gravel · Full utilities
2.2Jul 27, 2026$5,5002,4991,7785.4 mi
79
NM-701012
Landlocked · Off grid
3.0Jul 27, 2026$3,4001,1331,7157.0 mi
74
NM-590004
Dirt · Off grid
1.4Jun 7, 2024$3,2002,2042,83012.2 mi
72
NM-310621
Landlocked · Power at road
2.3Apr 26, 2025$3,5001,5222,0476.7 mi
70
NM-940866
Gravel · Power at road
2.7Oct 4, 2024$6,0002,2152,0795.4 mi
66
Show adjustment detail for the top comp
  • Tract size (2.2 ac → 1.48 ac)+0.7%
  • 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.