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Mora County, NM · Sold

NM-656391

642 County Road 334

$193,900
$1,305/ac · 149 ac
Acreage149 ac
Price per acre$1,305/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyMixed
ListedJul 24, 2024
Coordinates35.9734, -104.9543
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

No material red flags on the mapped layers.

Risk index
4
Low risk
Wetlands5.1% of tract

Little to no mapped wetland coverage.

Average slope3.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,871 ft of deeded road frontage.

Power106 ft away

Power at or near the road.

Buildable area133.98 of 148.61 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$277,335
$222,725$331,945 · $1,866/ac on 149 ac
Asking vs estimate
-30.1%
Priced below 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 $193,900
Maximum allowable offer
$158,477
$1,066/ac · +30.0% target margin

You need $35,423 off asking to hit this margin.

All-in cost$171,948
Net resale$255,148
Projected profit$83,201
ROI+48.4%
Annualized+69.3%
Break-even resale$1,258/ac
Profit if resale lands off target
-20%
$32,171
-10%
$57,686
0%
$83,201
+10%
$108,716
+20%
$134,230
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-256447
Gravel · Power at road
154.8Jul 27, 2026$253,1001,6351,9559.5 mi
84
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1092,2363.8 mi
74
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008491,2126.5 mi
73
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,3976.2 mi
72
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,8011.8 mi
72
NM-686954
Paved · Full utilities
223.4Nov 9, 2024$412,9001,8481,8206.1 mi
69
NM-406873
Paved · Off grid
210.7May 12, 2024$249,6001,1841,6797.2 mi
69
NM-547166
Gravel · Full utilities
260.6Jun 20, 2025$544,1002,0882,4746.1 mi
67
NM-724666
Landlocked · Off grid
42.6Jun 26, 2025$59,4001,3962,2385.3 mi
61
NM-984823
Landlocked · Full utilities
47.7Aug 19, 2024$78,1001,6371,9346.7 mi
57
Show adjustment detail for the top comp
  • Tract size (154.77 ac → 148.61 ac)+1.1%
  • Access (Gravel → Paved)+18.0%

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.