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Mora County, NM · Sold

NM-894343

3316 County Road 121

$44,300
$1,314/ac · 33.71 ac
Acreage33.71 ac
Price per acre$1,314/ac
ZoningAgricultural
Road accessDirt
UtilitiesOff grid
TopographyRolling
ListedMay 20, 2026
Coordinates35.9726, -105.0536
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

Mora County, New Mexico. Cheapest large-tract market in the country; access and water are the whole story.

View Mora market data →

Step 1 · Is this a deal?

Due diligence

5 items to verify before you offer.

Risk index
26
Low risk
Wetlands16.0% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope12.0%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

1,474 ft of deeded road frontage.

Power3,372 ft away

Service extension needed; get a utility quote.

Buildable area26.90 of 33.71 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$53,095
$40,550$65,639 · $1,575/ac on 33.71 ac
Asking vs estimate
-16.6%
Priced below the comp set

Weighted from 9 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 $44,300
Maximum allowable offer
$30,340
$900/ac · +30.0% target margin

You need $13,960 off asking to hit this margin.

All-in cost$32,919
Net resale$48,847
Projected profit$15,928
ROI+48.4%
Annualized+69.2%
Break-even resale$1,061/ac
Profit if resale lands off target
-20%
$6,159
-10%
$11,044
0%
$15,928
+10%
$20,813
+20%
$25,698
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,5526.1 mi
85
NM-293823
Landlocked · Off grid
23.1Jul 27, 2026$27,7001,1961,4305.4 mi
81
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5741,7755.3 mi
79
NM-724666
Landlocked · Off grid
42.6Jun 26, 2025$59,4001,3961,9285.5 mi
75
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8461,53713.5 mi
73
NM-623054
Paved · Off grid
13.3Jul 27, 2026$17,7001,33386014.4 mi
73
NM-984823
Landlocked · Full utilities
47.7Aug 19, 2024$78,1001,6371,66610.5 mi
69
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,20410.5 mi
61
NM-253031
Landlocked · Power at road
13.0Sep 18, 2025$30,2002,3172,28012.1 mi
61
Show adjustment detail for the top comp
  • Tract size (46.5 ac → 33.71 ac)+6.0%

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.