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Mora County, NM · Sold

NM-984823

9130 County Road 309

$76,000
$1,593/ac · 47.72 ac
Acreage47.72 ac
Price per acre$1,593/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesFull utilities
TopographySloped
ListedSep 15, 2023
Coordinates35.8868, -104.8995
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

3 items to verify before you offer.

Risk index
38
Moderate risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope14.6%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

PowerOn site

Power at or near the road.

Buildable area36.46 of 47.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$76,552
$63,675$89,430 · $1,604/ac on 47.72 ac
Asking vs estimate
-0.7%
In line with 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 $76,000
Maximum allowable offer
$43,744
$917/ac · +30.0% target margin

You need $32,256 off asking to hit this margin.

All-in cost$47,462
Net resale$70,428
Projected profit$22,966
ROI+48.4%
Annualized+69.3%
Break-even resale$1,081/ac
Profit if resale lands off target
-20%
$8,880
-10%
$15,923
0%
$22,966
+10%
$30,009
+20%
$37,051
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,6535.1 mi
85
NM-894343
Dirt · Off grid
33.7Jul 19, 2026$44,1001,3081,39710.5 mi
81
NM-293823
Landlocked · Off grid
23.1Jul 27, 2026$27,7001,1961,5238.3 mi
75
NM-724666
Landlocked · Off grid
42.6Jun 26, 2025$59,4001,3962,05412.0 mi
74
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,2821.2 mi
71
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5741,89110.8 mi
71
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8461,6378.8 mi
69
NM-256447
Gravel · Power at road
154.8Jul 27, 2026$253,1001,6351,79413.1 mi
65
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1481,1376.7 mi
57
Show adjustment detail for the top comp
  • Tract size (46.5 ac → 47.72 ac)-0.5%
  • Access (Dirt → Landlocked)-20.9%
  • 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.