NM-304723
3177 County Road 291
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.
Rolling to steep in places; pad prep likely.
Moderate flood hazard on part of the tract.
877 ft of deeded road frontage.
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 $34,197 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-354749 Gravel · Off grid | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 1,787 | 14.7 mi | 76 |
| NM-665742 Paved · Off grid | 92.9 | Jul 27, 2026 | $153,500 | 1,653 | 1,946 | 15.0 mi | 73 |
| NM-953673 Paved · Full utilities | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 1,956 | 17.9 mi | 70 |
| NM-493808 Dirt · Off grid | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 1,546 | 4.4 mi | 65 |
| NM-625928 Paved · Power at road | 106.3 | Jun 26, 2025 | $126,800 | 1,193 | 1,290 | 8.9 mi | 64 |
| NM-345530 Paved · Power at road | 79.7 | Mar 13, 2025 | $155,400 | 1,951 | 1,990 | 13.9 mi | 64 |
| NM-565860 Landlocked · Power at road | 101.2 | Jul 30, 2024 | $66,800 | 660 | 1,268 | 7.2 mi | 64 |
| NM-735578 Gravel · Full utilities | 82.5 | Dec 6, 2024 | $186,100 | 2,257 | 2,269 | 13.8 mi | 60 |
| NM-416214 Paved · Power at road | 130.7 | Jul 4, 2024 | $274,400 | 2,099 | 2,485 | 8.5 mi | 58 |
| NM-163206 Dirt · Full utilities | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 1,292 | 14.1 mi | 57 |
Show adjustment detail for the top comp
- Access (Gravel → Paved)+18.0%
- Market time (21 mo)+7.3%
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.