NM-481915
8464 County Road 151
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?
1 item 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.
Power at or near the road.
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 $5,903 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 | 2,327 | 2.6 mi | 84 |
| NM-641823 Dirt · Off grid | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,981 | 11.1 mi | 84 |
| NM-851321 Dirt · Power at road | 3.8 | Feb 3, 2026 | $7,200 | 1,909 | 2,337 | 14.2 mi | 76 |
| NM-362073 Gravel · Off grid | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 2,471 | 8.2 mi | 74 |
| NM-941379 Landlocked · Off grid | 3.9 | May 12, 2026 | $4,100 | 1,028 | 1,855 | 11.0 mi | 73 |
| NM-940822 Gravel · Off grid | 2.6 | Mar 22, 2026 | $5,400 | 2,068 | 2,519 | 4.0 mi | 71 |
| NM-862539 Dirt · Off grid | 9.1 | May 27, 2025 | $14,600 | 1,602 | 2,487 | 9.6 mi | 69 |
| NM-163206 Dirt · Full utilities | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 1,707 | 5.7 mi | 68 |
| NM-261156 Gravel · Off grid | 3.4 | Nov 24, 2024 | $6,500 | 1,934 | 2,503 | 2.7 mi | 68 |
| NM-830827 Dirt · Off grid | 2.6 | May 17, 2025 | $5,600 | 2,134 | 3,130 | 10.6 mi | 64 |
Show adjustment detail for the top comp
- Tract size (4.77 ac → 5.81 ac)-0.9%
- Access (Landlocked → Dirt)+26.5%
- Utilities (Off grid → Full utilities)+43.5%
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.