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Mora County, NM · Sold

NM-579841

4955 County Road 105

$1,111,200
$614/ac · 1,809 ac
Acreage1,809 ac
Price per acre$614/ac
ZoningRecreational
Road accessDirt
UtilitiesPower at road
TopographyRolling
ListedAug 10, 2024
Coordinates35.9959, -105.0352
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
12
Low risk
Wetlands9.7% of tract

Little to no mapped wetland coverage.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

8,500 ft of deeded road frontage.

Power56 ft away

Power at or near the road.

Buildable area1551.97 of 1809.14 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,029,863
$785,803$1,273,923 · $569/ac on 1,809 ac
Asking vs estimate
+7.9%
Priced above 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 $1,111,200
Maximum allowable offer
$588,493
$325/ac · +30.0% target margin

You need $522,707 off asking to hit this margin.

All-in cost$638,515
Net resale$947,474
Projected profit$308,959
ROI+48.4%
Annualized+69.2%
Break-even resale$384/ac
Profit if resale lands off target
-20%
$119,464
-10%
$214,212
0%
$308,959
+10%
$403,707
+20%
$498,454
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-269622
Dirt · Power at road
1543.7May 19, 2026$876,9005685466.7 mi
85
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1216763.7 mi
82
NM-609947
Gravel · Full utilities
1953.5Jul 28, 2025$1,232,0006314763.6 mi
82
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,00083258211.8 mi
77
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,8005033278.2 mi
75
NM-539038
Gravel · Full utilities
1011.2Jul 27, 2026$858,90084950011.0 mi
72
NM-158698
Paved · Off grid
790.4Mar 11, 2026$683,0008645833.5 mi
70
NM-959574
Landlocked · Off grid
1491.0Aug 2, 2024$842,4005658599.1 mi
68
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,0996108.1 mi
60
Show adjustment detail for the top comp
  • Tract size (1543.73 ac → 1809.14 ac)-4.9%
  • Market time (3 mo)+1.0%

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.