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Torrance County, NM · Sold

NM-666153

1058 County Road 346

$126,500
$1,011/ac · 125 ac
Acreage125 ac
Price per acre$1,011/ac
ZoningRecreational
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedOct 7, 2025
Coordinates34.4333, -105.9308
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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

Torrance County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Torrance market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
33
Moderate risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope10.2%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area113.84 of 125.08 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$147,864
$124,610$171,118 · $1,182/ac on 125 ac
Asking vs estimate
-14.4%
Priced below the comp set

Weighted from 6 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 $126,500
Maximum allowable offer
$84,494
$676/ac · +30.0% target margin

You need $42,006 off asking to hit this margin.

All-in cost$91,676
Net resale$136,035
Projected profit$44,359
ROI+48.4%
Annualized+69.2%
Break-even resale$797/ac
Profit if resale lands off target
-20%
$17,152
-10%
$30,755
0%
$44,359
+10%
$57,962
+20%
$71,566
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-976335
Dirt · Power at road
142.7Feb 4, 2025$143,0001,0021,0659.1 mi
71
NM-477152
Gravel · Power at road
257.9Jul 14, 2025$303,1001,1751,24314.6 mi
65
NM-557472
Dirt · Power at road
325.2Nov 15, 2025$304,6009371,2159.4 mi
63
NM-794435
Paved · Power at road
36.0May 22, 2026$96,9002,6891,45315.2 mi
61
NM-694783
Dirt · Off grid
46.4Aug 18, 2025$41,70090084811.8 mi
60
NM-607303
Dirt · Power at road
287.7Dec 20, 2024$284,5009891,28316.3 mi
56
Show adjustment detail for the top comp
  • Tract size (142.71 ac → 125.08 ac)+3.5%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Full utilities)+22.0%
  • Market time (18 mo)+6.4%

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.