NM-953673
6674 County Road 114
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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.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
759 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 $36,423 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-163206 Dirt · Full utilities | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 2,095 | 12.1 mi | 69 |
| NM-493808 Dirt · Off grid | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 2,507 | 18.0 mi | 65 |
| NM-362073 Gravel · Off grid | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 3,033 | 12.9 mi | 61 |
| NM-304723 Paved · Off grid | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 2,861 | 17.9 mi | 60 |
| NM-354749 Gravel · Off grid | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 2,899 | 9.0 mi | 60 |
| NM-862539 Dirt · Off grid | 9.1 | May 27, 2025 | $14,600 | 1,602 | 3,052 | 14.9 mi | 59 |
Show adjustment detail for the top comp
- Tract size (14.79 ac → 20.75 ac)-3.9%
- Access (Dirt → Paved)+37.2%
- Market time (14 mo)+4.9%
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.