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Torrance County, NM · Sold

NM-599753

7001 County Road 137

$1,546,300
$911/ac · 1,697 ac
Acreage1,697 ac
Price per acre$911/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographySloped
ListedAug 2, 2024
Coordinates34.5683, -106.0212
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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

3 items to verify before you offer.

Risk index
25
Low risk
Wetlands5.6% of tract

Little to no mapped wetland coverage.

Average slope16.7%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power8 ft away

Power at or near the road.

Buildable area1281.88 of 1697.41 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,005,910
$853,604$1,158,216 · $593/ac on 1,697 ac
Asking vs estimate
+53.7%
Priced above the comp set

Weighted from 5 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 $1,546,300
Maximum allowable offer
$574,806
$339/ac · +30.0% target margin

You need $971,494 off asking to hit this margin.

All-in cost$623,665
Net resale$925,437
Projected profit$301,773
ROI+48.4%
Annualized+69.2%
Break-even resale$399/ac
Profit if resale lands off target
-20%
$116,685
-10%
$209,229
0%
$301,773
+10%
$394,317
+20%
$486,860
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-939993
Dirt · Power at road
2019.7Jul 27, 2026$825,70040950312.5 mi
80
NM-348934
Dirt · Power at road
937.8Jan 4, 2025$516,80055156815.0 mi
62
NM-679264
Dirt · Off grid
1191.1Sep 6, 2024$655,50055072917.1 mi
61
NM-868813
Landlocked · Off grid
859.1Sep 14, 2024$292,6003415158.9 mi
61
NM-557472
Dirt · Power at road
325.2Nov 15, 2025$304,6009376777.8 mi
60
Show adjustment detail for the top comp
  • Tract size (2019.73 ac → 1697.41 ac)+5.6%
  • Access (Dirt → Gravel)+16.3%

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.