Mora County, NM · Sold

NM-169142

3317 County Road 299

$1,189,700

$1,091/ac · 1,090 ac

Offer report Market this tract

Acreage1,090 ac

Price per acre$1,091/ac

ZoningRecreational

Road accessGravel

UtilitiesFull utilities

TopographyFlat

ListedNov 20, 2025

Coordinates35.9850, -104.9696

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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

Low risk

Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope0.5%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

7,951 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area886.66 of 1090.33 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate

$1,007,825

$746,623 – $1,269,028 · $924/ac on 1,090 ac

Asking vs estimate

+18.0%

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 $1,189,700

Acres

Resale ($/ac)

Target margin (%)

Hold (months)

Closing (%)

Carry (%/yr)

Selling costs (%)

Your offer

Maximum allowable offer

$575,900

$528/ac · +30.0% target margin

You need $613,800 off asking to hit this margin.

All-in cost$624,852

Net resale$927,199

Projected profit$302,348

ROI+48.4%

Annualized+69.2%

Break-even resale$623/ac

Profit if resale lands off target

-20%

$116,908

-10%

$209,628

$302,348

+10%

$395,067

+20%

$487,787

Comparable sales10 matches

Parcel	Acres	Sold	Price	$/ac	Adj $/ac	Dist	Match
NM-658923 Gravel · Power at road	930.4	Jul 27, 2026	$774,000	832	968	9.2 mi	88
NM-539038 Gravel · Full utilities	1011.2	Jul 27, 2026	$858,900	849	832	8.0 mi	87
NM-218803 Dirt · Full utilities	852.9	Jul 27, 2026	$428,800	503	543	5.5 mi	83
NM-609947 Gravel · Full utilities	1953.5	Jul 28, 2025	$1,232,000	631	791	3.1 mi	79
NM-269622 Dirt · Power at road	1543.7	May 19, 2026	$876,900	568	908	5.1 mi	78
NM-158698 Paved · Off grid	790.4	Mar 11, 2026	$683,000	864	968	5.2 mi	76
NM-579841 Dirt · Power at road	1809.1	Sep 16, 2025	$966,700	534	922	3.7 mi	75
NM-247472 Dirt · Off grid	325.2	Jul 27, 2026	$360,600	1,109	1,284	4.9 mi	73
NM-937986 Paved · Power at road	471.9	Jan 4, 2026	$400,500	849	696	6.8 mi	67
NM-959574 Landlocked · Off grid	1491.0	Aug 2, 2024	$842,400	565	1,428	7.6 mi	66

Show adjustment detail for the top comp

Tract size (930.38 ac → 1090.33 ac)-4.8%
Utilities (Power at road → Full utilities)+22.0%

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.

Build the listing kit Post a deal or JV