NM-538891
7615 County Road 268
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?
5 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.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 5 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 $438,020 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-718403 Paved · Off grid | 638.4 | Jul 27, 2026 | $603,100 | 945 | 720 | 13.6 mi | 77 |
| NM-948958 Landlocked · Full utilities | 954.3 | Aug 18, 2024 | $418,900 | 439 | 495 | 10.7 mi | 70 |
| NM-689054 Landlocked · Off grid | 1023.0 | Jan 19, 2025 | $480,700 | 470 | 764 | 16.1 mi | 69 |
| NM-618115 Dirt · Off grid | 518.1 | Jun 24, 2025 | $251,100 | 485 | 497 | 12.0 mi | 66 |
| NM-747837 Landlocked · Power at road | 423.6 | Jun 2, 2025 | $209,900 | 495 | 515 | 11.6 mi | 61 |
Show adjustment detail for the top comp
- Tract size (638.35 ac → 909.06 ac)-10.3%
- Access (Paved → Gravel)-15.3%
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.