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Mora County, NM · Sold

NM-686954

9026 County Road 70

$432,800
$1,937/ac · 223 ac
Acreage223 ac
Price per acre$1,937/ac
ZoningAgricultural
Road accessPaved
UtilitiesFull utilities
TopographyWooded
ListedOct 18, 2024
Coordinates35.9510, -104.8483
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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

1 item to verify before you offer.

Risk index
16
Low risk
Wetlands4.1% of tract

Little to no mapped wetland coverage.

Average slope8.9%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

PowerOn site

Power at or near the road.

Buildable area203.57 of 223.45 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$428,462
$322,859$534,066 · $1,917/ac on 223 ac
Asking vs estimate
+1.0%
In line with the comp set

Weighted from 8 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 $432,800
Maximum allowable offer
$244,836
$1,096/ac · +30.0% target margin

You need $187,964 off asking to hit this margin.

All-in cost$265,647
Net resale$394,185
Projected profit$128,538
ROI+48.4%
Annualized+69.2%
Break-even resale$1,292/ac
Profit if resale lands off target
-20%
$49,701
-10%
$89,120
0%
$128,538
+10%
$167,957
+20%
$207,376
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1092,4394.1 mi
80
NM-256447
Gravel · Power at road
154.8Jul 27, 2026$253,1001,6352,1328.1 mi
77
NM-406873
Paved · Off grid
210.7May 12, 2024$249,6001,1841,8319.5 mi
77
NM-547166
Gravel · Full utilities
260.6Jun 20, 2025$544,1002,0882,69911.1 mi
73
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008491,3215.4 mi
71
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,5244.1 mi
70
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1481,3526.1 mi
69
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,0991,92512.5 mi
59
Show adjustment detail for the top comp
  • Tract size (325.2 ac → 223.45 ac)+11.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Off grid → Full utilities)+43.5%

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.