NM-452211
5104 County Road 69
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.
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?
3 items to verify before you offer.
Heavy wetland coverage — assume a delineation and permitting delay.
Gentle grade, straightforward to develop.
Inside the 100-year floodplain — insurance and elevation apply.
639 ft of deeded road frontage.
Power at or near the road.
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 $6,691 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-511820 Gravel · Full utilities | 5.4 | May 23, 2025 | $12,400 | 2,291 | 1,944 | 9.2 mi | 76 |
| NM-561421 Dirt · Off grid | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 2,969 | 8.1 mi | 74 |
| NM-842898 Gravel · Full utilities | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 3,138 | 9.4 mi | 70 |
| NM-272034 Paved · Full utilities | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 2,358 | 9.6 mi | 70 |
| NM-293137 Dirt · Power at road | 14.1 | May 26, 2025 | $24,800 | 1,762 | 2,275 | 7.3 mi | 67 |
Show adjustment detail for the top comp
- Tract size (5.42 ac → 7.19 ac)-1.5%
- Utilities (Full utilities → Power at road)-18.0%
- Market time (15 mo)+5.2%
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.