NM-293137
9317 County Road 94
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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?
3 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.
760 ft of deeded road frontage.
Power at or near the road.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 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 $11,672 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-842898 Gravel · Full utilities | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 2,556 | 3.4 mi | 76 |
| NM-452211 Gravel · Power at road | 7.2 | Jun 14, 2026 | $17,400 | 2,419 | 1,984 | 7.3 mi | 74 |
| NM-561421 Dirt · Off grid | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 2,419 | 3.6 mi | 72 |
| NM-693955 Landlocked · Off grid | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 2,565 | 11.9 mi | 71 |
| NM-794435 Paved · Power at road | 36.0 | May 22, 2026 | $96,900 | 2,689 | 2,252 | 9.3 mi | 69 |
| NM-444189 Gravel · Off grid | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 2,138 | 4.3 mi | 67 |
| NM-272034 Paved · Full utilities | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 1,921 | 5.3 mi | 66 |
| NM-694783 Dirt · Off grid | 46.4 | Aug 18, 2025 | $41,700 | 900 | 1,315 | 7.6 mi | 63 |
| NM-364339 Dirt · Off grid | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 2,243 | 6.4 mi | 62 |
| NM-511820 Gravel · Full utilities | 5.4 | May 23, 2025 | $12,400 | 2,291 | 1,584 | 10.2 mi | 60 |
Show adjustment detail for the top comp
- Tract size (11.83 ac → 14.07 ac)-1.7%
- Access (Gravel → Dirt)-14.0%
- Utilities (Full utilities → Power at road)-18.0%
- Market time (12 mo)+4.2%
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.