NM-362073
4450 County Road 140
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.
Colfax County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.
View Colfax 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.
443 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 10 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 $7,697 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-641823 Dirt · Off grid | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,595 | 3.2 mi | 91 |
| NM-641644 Landlocked · Off grid | 4.8 | Jul 27, 2026 | $6,200 | 1,291 | 1,874 | 8.8 mi | 80 |
| NM-862539 Dirt · Off grid | 9.1 | May 27, 2025 | $14,600 | 1,602 | 2,002 | 2.1 mi | 75 |
| NM-941379 Landlocked · Off grid | 3.9 | May 12, 2026 | $4,100 | 1,028 | 1,493 | 10.5 mi | 74 |
| NM-481915 Dirt · Full utilities | 5.8 | Jun 28, 2025 | $12,800 | 2,210 | 1,864 | 8.2 mi | 73 |
| NM-940822 Gravel · Off grid | 2.6 | Mar 22, 2026 | $5,400 | 2,068 | 2,028 | 5.9 mi | 73 |
| NM-851321 Dirt · Power at road | 3.8 | Feb 3, 2026 | $7,200 | 1,909 | 1,882 | 6.6 mi | 71 |
| NM-953673 Paved · Full utilities | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 2,081 | 12.9 mi | 69 |
| NM-261156 Gravel · Off grid | 3.4 | Nov 24, 2024 | $6,500 | 1,934 | 2,015 | 10.9 mi | 65 |
| NM-871135 Gravel · Power at road | 3.3 | Dec 19, 2023 | $6,500 | 1,970 | 1,808 | 6.3 mi | 63 |
Show adjustment detail for the top comp
- Tract size (5.43 ac → 6.51 ac)-1.0%
- Access (Dirt → Gravel)+16.3%
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.