← New search
Torrance County, NM · Sold

NM-511820

6635 County Road 314

$12,800
$2,362/ac · 5.42 ac
Acreage5.42 ac
Price per acre$2,362/ac
ZoningUnzoned
Road accessGravel
UtilitiesFull utilities
TopographyRolling
ListedMar 24, 2024
Coordinates34.5340, -105.7661
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
Wetlands8.8% of tract

Little to no mapped wetland coverage.

Average slope5.4%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

520 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area4.70 of 5.42 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$17,694
$15,401$19,987 · $3,265/ac on 5.42 ac
Asking vs estimate
-27.7%
Priced below 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 $12,800
Maximum allowable offer
$10,111
$1,865/ac · +30.0% target margin

You need $2,689 off asking to hit this margin.

All-in cost$10,970
Net resale$16,279
Projected profit$5,308
ROI+48.4%
Annualized+69.2%
Break-even resale$2,200/ac
Profit if resale lands off target
-20%
$2,052
-10%
$3,680
0%
$5,308
+10%
$6,936
+20%
$8,564
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-452211
Gravel · Power at road
7.2Jun 14, 2026$17,4002,4193,0199.2 mi
84
NM-561421
Dirt · Off grid
4.1Jul 27, 2026$9,0002,2273,67913.5 mi
76
NM-272034
Paved · Full utilities
6.3Nov 20, 2024$20,2003,1882,9226.8 mi
73
NM-842898
Gravel · Full utilities
11.8Aug 14, 2025$41,9003,5383,88913.6 mi
66
NM-293137
Dirt · Power at road
14.1May 26, 2025$24,8001,7622,81910.2 mi
60
Show adjustment detail for the top comp
  • Tract size (7.19 ac → 5.42 ac)+1.6%
  • Utilities (Power at road → Full utilities)+22.0%
  • 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.