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Torrance County, NM · Sold

NM-477152

5047 County Road 19

$297,700
$1,154/ac · 258 ac
Acreage258 ac
Price per acre$1,154/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedMay 21, 2025
Coordinates34.6287, -106.0297
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

2 items to verify before you offer.

Risk index
9
Low risk
Wetlands0.8% of tract

Little to no mapped wetland coverage.

Average slope12.4%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,550 ft of deeded road frontage.

Power33 ft away

Power at or near the road.

Buildable area204.69 of 257.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$279,046
$241,322$316,771 · $1,082/ac on 258 ac
Asking vs estimate
+6.7%
Priced above the comp set

Weighted from 5 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 $297,700
Maximum allowable offer
$159,455
$618/ac · +30.0% target margin

You need $138,245 off asking to hit this margin.

All-in cost$173,009
Net resale$256,723
Projected profit$83,714
ROI+48.4%
Annualized+69.2%
Break-even resale$729/ac
Profit if resale lands off target
-20%
$32,369
-10%
$58,042
0%
$83,714
+10%
$109,386
+20%
$135,058
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-557472
Dirt · Power at road
325.2Nov 15, 2025$304,6009371,2019.4 mi
75
NM-607303
Dirt · Power at road
287.7Dec 20, 2024$284,5009891,2698.6 mi
73
NM-666153
Landlocked · Full utilities
125.1Jun 5, 2026$114,70091791514.6 mi
72
NM-976335
Dirt · Power at road
142.7Feb 4, 2025$143,0001,0021,05312.1 mi
63
NM-868813
Landlocked · Off grid
859.1Sep 14, 2024$292,60034191313.0 mi
53
Show adjustment detail for the top comp
  • Tract size (325.2 ac → 257.92 ac)+7.0%
  • Access (Dirt → Gravel)+16.3%
  • Market time (9 mo)+3.1%

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.