NM-694783
981 County Road 341
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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?
4 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
1,500 ft of deeded road frontage.
Service extension needed; get a utility quote.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 7 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 $9,353 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-794435 Paved · Power at road | 36.0 | May 22, 2026 | $96,900 | 2,689 | 1,606 | 5.7 mi | 79 |
| NM-693955 Landlocked · Off grid | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 1,829 | 4.4 mi | 78 |
| NM-364339 Dirt · Off grid | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 1,599 | 7.0 mi | 71 |
| NM-976335 Dirt · Power at road | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 1,177 | 3.0 mi | 68 |
| NM-666153 Landlocked · Full utilities | 125.1 | Jun 5, 2026 | $114,700 | 917 | 1,022 | 11.8 mi | 66 |
| NM-444189 Gravel · Off grid | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 1,524 | 11.7 mi | 64 |
| NM-293137 Dirt · Power at road | 14.1 | May 26, 2025 | $24,800 | 1,762 | 1,321 | 7.6 mi | 61 |
Show adjustment detail for the top comp
- Tract size (36.03 ac → 46.36 ac)-4.5%
- Access (Paved → Dirt)-27.1%
- Utilities (Power at road → Off grid)-15.0%
- Market time (3 mo)+1.0%
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.