NM-868813
4477 County Road 41
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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?
5 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.
No legal access of record — resale is severely limited.
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 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 $59,861 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-348934 Dirt · Power at road | 937.8 | Jan 4, 2025 | $516,800 | 551 | 406 | 11.7 mi | 70 |
| NM-939993 Dirt · Power at road | 2019.7 | Jul 27, 2026 | $825,700 | 409 | 360 | 17.8 mi | 66 |
| NM-599753 Gravel · Power at road | 1697.4 | Jul 28, 2025 | $1,268,000 | 747 | 558 | 8.9 mi | 64 |
| NM-557472 Dirt · Power at road | 325.2 | Nov 15, 2025 | $304,600 | 937 | 484 | 9.8 mi | 62 |
| NM-679264 Dirt · Off grid | 1191.1 | Sep 6, 2024 | $655,500 | 550 | 521 | 20.2 mi | 62 |
| NM-607303 Dirt · Power at road | 287.7 | Dec 20, 2024 | $284,500 | 989 | 511 | 16.2 mi | 58 |
| NM-477152 Gravel · Power at road | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 495 | 13.0 mi | 56 |
Show adjustment detail for the top comp
- Tract size (937.82 ac → 859.11 ac)+2.8%
- Access (Dirt → Landlocked)-20.9%
- Utilities (Power at road → Off grid)-15.0%
- Market time (19 mo)+6.8%
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.
