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Mora County, NM · Sold

NM-724666

2106 County Road 4

$55,400
$1,301/ac · 42.59 ac
Acreage42.59 ac
Price per acre$1,301/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedFeb 12, 2025
Coordinates36.0397, -105.0002
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
42
Moderate risk
Wetlands14.7% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope4.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,506 ft away

Service extension needed; get a utility quote.

Buildable area34.51 of 42.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$47,578
$36,017$59,139 · $1,117/ac on 42.59 ac
Asking vs estimate
+16.4%
Priced above the comp set

Weighted from 10 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 $55,400
Maximum allowable offer
$27,187
$638/ac · +30.0% target margin

You need $28,213 off asking to hit this margin.

All-in cost$29,498
Net resale$43,772
Projected profit$14,274
ROI+48.4%
Annualized+69.3%
Break-even resale$753/ac
Profit if resale lands off target
-20%
$5,519
-10%
$9,897
0%
$14,274
+10%
$18,651
+20%
$23,028
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-293823
Landlocked · Off grid
23.1Jul 27, 2026$27,7001,1961,0853.8 mi
86
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,1776.9 mi
85
NM-894343
Dirt · Off grid
33.7Jul 19, 2026$44,1001,3089955.5 mi
83
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5741,3461.2 mi
78
NM-984823
Landlocked · Full utilities
47.7Aug 19, 2024$78,1001,6371,26312.0 mi
70
NM-623054
Paved · Off grid
13.3Jul 27, 2026$17,7001,33365212.8 mi
67
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8461,16610.9 mi
66
NM-253031
Landlocked · Power at road
13.0Sep 18, 2025$30,2002,3171,72911.8 mi
61
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,46891311.4 mi
60
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1488105.3 mi
57
Show adjustment detail for the top comp
  • Tract size (23.13 ac → 42.59 ac)-9.5%

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.