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Colfax County, NM · Sold

NM-862539

8696 County Road 86

$16,700
$1,831/ac · 9.12 ac
Acreage9.12 ac
Price per acre$1,831/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographySloped
ListedMay 7, 2025
Coordinates36.6045, -104.5304
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

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?

Due diligence

3 items to verify before you offer.

Risk index
23
Low risk
Wetlands3.5% of tract

Little to no mapped wetland coverage.

Average slope16.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

585 ft of deeded road frontage.

Power12,276 ft away

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

Buildable area7.04 of 9.12 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$13,667
$11,936$15,397 · $1,499/ac on 9.12 ac
Asking vs estimate
+22.2%
Priced above the comp set

Weighted from 10 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 $16,700
Maximum allowable offer
$7,810
$856/ac · +30.0% target margin

You need $8,890 off asking to hit this margin.

All-in cost$8,474
Net resale$12,573
Projected profit$4,099
ROI+48.4%
Annualized+69.2%
Break-even resale$1,010/ac
Profit if resale lands off target
-20%
$1,585
-10%
$2,842
0%
$4,099
+10%
$5,357
+20%
$6,614
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-641823
Dirt · Off grid
5.4Jul 27, 2026$7,5001,3821,3423.5 mi
83
NM-362073
Gravel · Off grid
6.5Jun 29, 2025$12,4001,9001,6742.1 mi
75
NM-641644
Landlocked · Off grid
4.8Jul 27, 2026$6,2001,2911,5769.7 mi
75
NM-941379
Landlocked · Off grid
3.9May 12, 2026$4,1001,0281,25612.5 mi
73
NM-940822
Gravel · Off grid
2.6Mar 22, 2026$5,4002,0681,7067.9 mi
70
NM-493808
Dirt · Off grid
22.9Jul 18, 2024$26,4001,1561,3843.1 mi
70
NM-851321
Dirt · Power at road
3.8Feb 3, 2026$7,2001,9091,5836.6 mi
70
NM-481915
Dirt · Full utilities
5.8Jun 28, 2025$12,8002,2101,5689.6 mi
70
NM-953673
Paved · Full utilities
20.8Jul 27, 2026$65,7003,1651,75114.9 mi
67
NM-163206
Dirt · Full utilities
14.8Jun 14, 2025$22,4001,5151,15615.2 mi
66
Show adjustment detail for the top comp
  • Tract size (5.43 ac → 9.12 ac)-3.1%

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.