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Colfax County, NM · Sold

NM-941379

2618 County Road 130

$4,800
$1,218/ac · 3.94 ac
Acreage3.94 ac
Price per acre$1,218/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedJul 1, 2025
Coordinates36.5101, -104.7219
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

2 items to verify before you offer.

Risk index
39
Moderate risk
Wetlands5.0% of tract

Little to no mapped wetland coverage.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power12,864 ft away

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

Buildable area3.56 of 3.94 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$5,371
$4,741$6,000 · $1,363/ac on 3.94 ac
Asking vs estimate
-10.6%
Priced below 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 $4,800
Maximum allowable offer
$3,069
$779/ac · +30.0% target margin

You need $1,731 off asking to hit this margin.

All-in cost$3,330
Net resale$4,941
Projected profit$1,611
ROI+48.4%
Annualized+69.2%
Break-even resale$919/ac
Profit if resale lands off target
-20%
$623
-10%
$1,117
0%
$1,611
+10%
$2,105
+20%
$2,599
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-641644
Landlocked · Off grid
4.8Jul 27, 2026$6,2001,2911,30413.4 mi
82
NM-940822
Gravel · Off grid
2.6Mar 22, 2026$5,4002,0681,4127.4 mi
81
NM-641823
Dirt · Off grid
5.4Jul 27, 2026$7,5001,3821,11010.5 mi
79
NM-851321
Dirt · Power at road
3.8Feb 3, 2026$7,2001,9091,31011.3 mi
77
NM-830827
Dirt · Off grid
2.6May 17, 2025$5,6002,1341,7544.1 mi
77
NM-261156
Gravel · Off grid
3.4Nov 24, 2024$6,5001,9341,40212.4 mi
70
NM-362073
Gravel · Off grid
6.5Jun 29, 2025$12,4001,9001,38510.5 mi
68
NM-481915
Dirt · Full utilities
5.8Jun 28, 2025$12,8002,2101,29711.0 mi
67
NM-862539
Dirt · Off grid
9.1May 27, 2025$14,6001,6021,39412.5 mi
66
NM-871135
Gravel · Power at road
3.3Dec 19, 2023$6,5001,9701,2589.5 mi
66
Show adjustment detail for the top comp
  • Tract size (4.77 ac → 3.94 ac)+0.8%

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.