NM-689054
9440 County Road 263
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.
No legal access of record — resale is severely limited.
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 $225,957 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-948958 Landlocked · Full utilities | 954.3 | Aug 18, 2024 | $418,900 | 439 | 324 | 9.5 mi | 78 |
| NM-718403 Paved · Off grid | 638.4 | Jul 27, 2026 | $603,100 | 945 | 472 | 10.9 mi | 77 |
| NM-538891 Gravel · Off grid | 909.1 | Jan 30, 2025 | $682,400 | 751 | 524 | 16.1 mi | 69 |
| NM-747837 Landlocked · Power at road | 423.6 | Jun 2, 2025 | $209,900 | 495 | 338 | 8.2 mi | 64 |
| NM-618115 Dirt · Off grid | 518.1 | Jun 24, 2025 | $251,100 | 485 | 326 | 15.6 mi | 63 |
Show adjustment detail for the top comp
- Tract size (954.27 ac → 1022.99 ac)-2.1%
- Utilities (Full utilities → Off grid)-30.3%
- Market time (24 mo)+8.4%
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.