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Mora County, NM · Sold

NM-282179

599 County Road 259

$15,800
$2,248/ac · 7.03 ac
Acreage7.03 ac
Price per acre$2,248/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographyWooded
ListedNov 20, 2025
Coordinates35.9390, -104.8826
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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

3 items to verify before you offer.

Risk index
21
Low risk
Wetlands11.0% of tract

Little to no mapped wetland coverage.

Average slope5.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power4 ft away

Power at or near the road.

Buildable area5.94 of 7.03 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$15,106
$11,124$19,088 · $2,149/ac on 7.03 ac
Asking vs estimate
+4.6%
In line with 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 $15,800
Maximum allowable offer
$8,632
$1,228/ac · +30.0% target margin

You need $7,168 off asking to hit this margin.

All-in cost$9,366
Net resale$13,897
Projected profit$4,532
ROI+48.4%
Annualized+69.2%
Break-even resale$1,448/ac
Profit if resale lands off target
-20%
$1,752
-10%
$3,142
0%
$4,532
+10%
$5,921
+20%
$7,311
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-292033
Paved · Power at road
6.3May 1, 2026$17,9002,8282,07310.1 mi
86
NM-623054
Paved · Off grid
13.3Jul 27, 2026$17,7001,3331,2044.8 mi
81
NM-253031
Landlocked · Power at road
13.0Sep 18, 2025$30,2002,3173,1912.3 mi
72
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5742,4858.4 mi
69
NM-293823
Landlocked · Off grid
23.1Jul 27, 2026$27,7001,1962,0025.9 mi
69
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8462,1515.4 mi
67
NM-120636
Paved · Full utilities
2.3Jun 19, 2024$7,5003,2772,0433.6 mi
58
Show adjustment detail for the top comp
  • Tract size (6.32 ac → 7.03 ac)-0.6%
  • Access (Paved → Dirt)-27.1%
  • Market time (3 mo)+1.2%

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.