Colfax County, NM · Sold

NM-625928

7864 County Road 333

$150,200

$1,413/ac · 106 ac

Offer report Market this tract

Acreage106 ac

Price per acre$1,413/ac

ZoningMixed Use

Road accessPaved

UtilitiesPower at road

TopographyFlat

ListedSep 7, 2024

Coordinates36.5567, -104.5684

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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

3 items to verify before you offer.

Risk index

Low risk

Wetlands17.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,148 ft of deeded road frontage.

Power161 ft away

Power at or near the road.

Buildable area83.79 of 106.27 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$201,056

$167,965 – $234,146 · $1,892/ac on 106 ac

Asking vs estimate

-25.3%

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 $150,200

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$114,889

$1,081/ac · +30.0% target margin

You need $35,311 off asking to hit this margin.

All-in cost$124,655

Net resale$184,971

Projected profit$60,317

ROI+48.4%

Annualized+69.2%

Break-even resale$1,275/ac

Profit if resale lands off target

-20%

$23,322

-10%

$41,819

$60,317

+10%

$78,814

+20%

$97,311

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-665742 Paved · Off grid	92.9	Jul 27, 2026	$153,500	1,653	1,886	9.9 mi	83
NM-416214 Paved · Power at road	130.7	Jul 4, 2024	$274,400	2,099	2,409	0.4 mi	82
NM-646486 Gravel · Power at road	159.2	Jul 27, 2026	$249,500	1,567	2,059	10.9 mi	77
NM-565860 Landlocked · Power at road	101.2	Jul 30, 2024	$66,800	660	1,229	9.0 mi	72
NM-735578 Gravel · Full utilities	82.5	Dec 6, 2024	$186,100	2,257	2,199	10.2 mi	72
NM-645832 Dirt · Full utilities	99.1	Jan 24, 2024	$157,100	1,585	1,941	14.0 mi	71
NM-345530 Paved · Power at road	79.7	Mar 13, 2025	$155,400	1,951	1,929	15.1 mi	70
NM-266492 Dirt · Off grid	159.9	Oct 25, 2025	$145,200	908	1,686	9.4 mi	70
NM-304723 Paved · Off grid	44.4	Mar 28, 2025	$74,000	1,667	1,710	8.9 mi	63
NM-354749 Gravel · Off grid	45.2	Nov 16, 2024	$63,600	1,406	1,733	13.7 mi	57

Show adjustment detail for the top comp

Tract size (92.87 ac → 106.27 ac)-3.3%
Utilities (Off grid → Power at road)+17.6%

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.

Build the listing kit Post a deal or JV