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Torrance County, NM · Sold

NM-794435

3640 County Road 255

$92,800
$2,576/ac · 36.03 ac
Acreage36.03 ac
Price per acre$2,576/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedOct 25, 2025
Coordinates34.6514, -105.8986
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

No material red flags on the mapped layers.

Risk index
8
Low risk
Wetlands4.4% of tract

Little to no mapped wetland coverage.

Average slope8.6%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

717 ft of deeded road frontage.

Power187 ft away

Power at or near the road.

Buildable area32.72 of 36.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$87,776
$67,483$108,069 · $2,436/ac on 36.03 ac
Asking vs estimate
+5.7%
Priced above the comp set

Weighted from 7 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 $92,800
Maximum allowable offer
$50,158
$1,392/ac · +30.0% target margin

You need $42,642 off asking to hit this margin.

All-in cost$54,421
Net resale$80,754
Projected profit$26,332
ROI+48.4%
Annualized+69.2%
Break-even resale$1,642/ac
Profit if resale lands off target
-20%
$10,182
-10%
$18,257
0%
$26,332
+10%
$34,408
+20%
$42,483
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-364339
Dirt · Off grid
33.6Jul 12, 2024$52,4001,5582,7054.2 mi
77
NM-693955
Landlocked · Off grid
25.4Jul 7, 2026$40,6001,5953,0938.2 mi
77
NM-694783
Dirt · Off grid
46.4Aug 18, 2025$41,7009001,5855.7 mi
73
NM-444189
Gravel · Off grid
30.1Aug 21, 2024$53,2001,7662,57713.5 mi
66
NM-293137
Dirt · Power at road
14.1May 26, 2025$24,8001,7622,2349.3 mi
62
NM-666153
Landlocked · Full utilities
125.1Jun 5, 2026$114,7009171,72915.2 mi
62
NM-842898
Gravel · Full utilities
11.8Aug 14, 2025$41,9003,5383,08211.1 mi
59
Show adjustment detail for the top comp
  • Tract size (33.61 ac → 36.03 ac)-1.2%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (25 mo)+8.8%

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.