← New search
Mora County, NM · Sold

NM-406873

7107 County Road 134

$283,300
$1,344/ac · 211 ac
Acreage211 ac
Price per acre$1,344/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyMixed
ListedJan 15, 2024
Coordinates36.0741, -104.9235
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

1 item to verify before you offer.

Risk index
17
Low risk
Wetlands4.5% of tract

Little to no mapped wetland coverage.

Average slope9.3%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,887 ft of deeded road frontage.

Power10,078 ft away

A long utility run — price in solar/off-grid instead.

Buildable area191.18 of 210.72 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$288,595
$218,629$358,560 · $1,370/ac on 211 ac
Asking vs estimate
-1.8%
In line with the comp set

Weighted from 8 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 $283,300
Maximum allowable offer
$164,911
$783/ac · +30.0% target margin

You need $118,389 off asking to hit this margin.

All-in cost$178,928
Net resale$265,507
Projected profit$86,579
ROI+48.4%
Annualized+69.3%
Break-even resale$923/ac
Profit if resale lands off target
-20%
$33,477
-10%
$60,028
0%
$86,579
+10%
$113,130
+20%
$139,680
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-256447
Gravel · Power at road
154.8Jul 27, 2026$253,1001,6351,5105.3 mi
80
NM-686954
Paved · Full utilities
223.4Nov 9, 2024$412,9001,8481,4069.5 mi
78
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1091,72710.1 mi
77
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008499364.7 mi
71
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1489587.2 mi
70
NM-547166
Gravel · Full utilities
260.6Jun 20, 2025$544,1002,0881,91212.4 mi
69
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,07912.1 mi
67
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,0991,36415.3 mi
57
Show adjustment detail for the top comp
  • Tract size (154.77 ac → 210.72 ac)-8.1%
  • Access (Gravel → Paved)+18.0%
  • Utilities (Power at road → Off grid)-15.0%

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.