NM-561421
349 County Road 15
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.
Little to no mapped wetland coverage.
Steep ground — expect meaningful site work to build.
Outside the mapped floodplain.
169 ft of deeded road frontage.
A long utility run — price in solar/off-grid instead.
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 $4,946 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-452211 Gravel · Power at road | 7.2 | Jun 14, 2026 | $17,400 | 2,419 | 1,832 | 8.1 mi | 73 |
| NM-842898 Gravel · Full utilities | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 2,359 | 1.9 mi | 70 |
| NM-511820 Gravel · Full utilities | 5.4 | May 23, 2025 | $12,400 | 2,291 | 1,462 | 13.5 mi | 67 |
| NM-272034 Paved · Full utilities | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 1,773 | 8.9 mi | 65 |
| NM-293137 Dirt · Power at road | 14.1 | May 26, 2025 | $24,800 | 1,762 | 1,710 | 3.6 mi | 63 |
Show adjustment detail for the top comp
- Tract size (7.19 ac → 4.06 ac)+2.9%
- Access (Gravel → Dirt)-14.0%
- Utilities (Power at road → Off grid)-15.0%
- Market time (2 mo)+0.7%
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.