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Quay County, NM · Sold

NM-590004

7143 County Road 83

$3,500
$2,414/ac · 1.45 ac
Acreage1.45 ac
Price per acre$2,414/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedFeb 20, 2024
Coordinates34.9875, -103.6431
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

4 items to verify before you offer.

Risk index
22
Low risk
Wetlands11.7% of tract

Little to no mapped wetland coverage.

Average slope12.1%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

164 ft of deeded road frontage.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area1.02 of 1.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,601
$2,046$3,157 · $1,794/ac on 1.45 ac
Asking vs estimate
+34.5%
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 $3,500
Maximum allowable offer
$1,487
$1,025/ac · +30.0% target margin

You need $2,013 off asking to hit this margin.

All-in cost$1,613
Net resale$2,393
Projected profit$780
ROI+48.3%
Annualized+69.2%
Break-even resale$1,209/ac
Profit if resale lands off target
-20%
$301
-10%
$541
0%
$780
+10%
$1,019
+20%
$1,259
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-870574
Gravel · Full utilities
2.2Jul 27, 2026$5,5002,4991,51212.4 mi
74
NM-701012
Landlocked · Off grid
3.0Jul 27, 2026$3,4001,1331,4588.3 mi
74
NM-120025
Dirt · Power at road
1.5Feb 26, 2024$4,0002,6792,51412.2 mi
71
NM-310621
Landlocked · Power at road
2.3Apr 26, 2025$3,5001,5221,74110.2 mi
66
NM-940866
Gravel · Power at road
2.7Oct 4, 2024$6,0002,2151,7686.9 mi
63
Show adjustment detail for the top comp
  • Tract size (2.2 ac → 1.45 ac)+0.8%
  • Access (Gravel → Dirt)-14.0%
  • Utilities (Full utilities → Off grid)-30.3%

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.