NM-261156
7537 County Road 338
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?
2 items to verify before you offer.
Little to no mapped wetland coverage.
Gentle grade, straightforward to develop.
Outside the mapped floodplain.
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 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 $2,956 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-641644 Landlocked · Off grid | 4.8 | Jul 27, 2026 | $6,200 | 1,291 | 1,929 | 3.7 mi | 87 |
| NM-940822 Gravel · Off grid | 2.6 | Mar 22, 2026 | $5,400 | 2,068 | 2,088 | 6.2 mi | 82 |
| NM-941379 Landlocked · Off grid | 3.9 | May 12, 2026 | $4,100 | 1,028 | 1,537 | 12.4 mi | 79 |
| NM-641823 Dirt · Off grid | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,642 | 13.8 mi | 74 |
| NM-851321 Dirt · Power at road | 3.8 | Feb 3, 2026 | $7,200 | 1,909 | 1,937 | 16.9 mi | 73 |
| NM-830827 Dirt · Off grid | 2.6 | May 17, 2025 | $5,600 | 2,134 | 2,594 | 11.1 mi | 72 |
| NM-481915 Dirt · Full utilities | 5.8 | Jun 28, 2025 | $12,800 | 2,210 | 1,919 | 2.7 mi | 70 |
| NM-871135 Gravel · Power at road | 3.3 | Dec 19, 2023 | $6,500 | 1,970 | 1,861 | 15.9 mi | 69 |
| NM-362073 Gravel · Off grid | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 2,048 | 10.9 mi | 68 |
| NM-862539 Dirt · Off grid | 9.1 | May 27, 2025 | $14,600 | 1,602 | 2,061 | 12.3 mi | 60 |
Show adjustment detail for the top comp
- Tract size (4.77 ac → 3.35 ac)+1.3%
- Access (Landlocked → Gravel)+47.1%
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.