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Torrance County, NM · Sold

NM-348934

1926 County Road 271

$559,900
$597/ac · 938 ac
Acreage938 ac
Price per acre$597/ac
ZoningUnzoned
Road accessDirt
UtilitiesPower at road
TopographyFlat
ListedDec 17, 2023
Coordinates34.4828, -105.7786
Loading terrain…
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
24
Low risk
Wetlands22.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.8%

Gentle grade, straightforward to develop.

Flood zoneA

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

5,286 ft of deeded road frontage.

Power116 ft away

Power at or near the road.

Buildable area688.69 of 937.82 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$629,985
$525,595$734,374 · $672/ac on 938 ac
Asking vs estimate
-11.1%
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 $559,900
Maximum allowable offer
$359,991
$384/ac · +30.0% target margin

You need $199,909 off asking to hit this margin.

All-in cost$390,590
Net resale$579,586
Projected profit$188,996
ROI+48.4%
Annualized+69.2%
Break-even resale$453/ac
Profit if resale lands off target
-20%
$73,079
-10%
$131,037
0%
$188,996
+10%
$246,954
+20%
$304,913
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-939993
Dirt · Power at road
2019.7Jul 27, 2026$825,70040952114.1 mi
74
NM-679264
Dirt · Off grid
1191.1Sep 6, 2024$655,50055075412.8 mi
72
NM-868813
Landlocked · Off grid
859.1Sep 14, 2024$292,60034153311.7 mi
69
NM-557472
Dirt · Power at road
325.2Nov 15, 2025$304,6009377018.2 mi
67
NM-599753
Gravel · Power at road
1697.4Jul 28, 2025$1,268,00074780715.0 mi
64
NM-607303
Dirt · Power at road
287.7Dec 20, 2024$284,50098974014.1 mi
58
Show adjustment detail for the top comp
  • Tract size (2019.73 ac → 937.82 ac)+27.1%

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.