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Mora County, NM · Sold

NM-539038

1877 County Road 263

$927,500
$917/ac · 1,011 ac
Acreage1,011 ac
Price per acre$917/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographySloped
ListedJul 13, 2026
Coordinates36.0455, -104.8474
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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

2 items to verify before you offer.

Risk index
12
Low risk
Wetlands0.1% of tract

Little to no mapped wetland coverage.

Average slope16.3%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

3,213 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area808.15 of 1011.20 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$985,032
$727,747$1,242,316 · $974/ac on 1,011 ac
Asking vs estimate
-5.8%
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 $927,500
Maximum allowable offer
$562,875
$557/ac · +30.0% target margin

You need $364,625 off asking to hit this margin.

All-in cost$610,719
Net resale$906,229
Projected profit$295,510
ROI+48.4%
Annualized+69.2%
Break-even resale$656/ac
Profit if resale lands off target
-20%
$114,264
-10%
$204,887
0%
$295,510
+10%
$386,133
+20%
$476,755
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,8005035562.9 mi
91
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,0008329912.0 mi
89
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1211,1508.0 mi
87
NM-158698
Paved · Off grid
790.4Mar 11, 2026$683,00086499113.2 mi
78
NM-269622
Dirt · Power at road
1543.7May 19, 2026$876,9005689295.2 mi
77
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008497131.3 mi
71
NM-609947
Gravel · Full utilities
1953.5Jul 28, 2025$1,232,0006318097.7 mi
70
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1091,3159.0 mi
67
NM-959574
Landlocked · Off grid
1491.0Aug 2, 2024$842,4005651,4614.7 mi
67
NM-579841
Dirt · Power at road
1809.1Sep 16, 2025$966,70053494411.0 mi
65
Show adjustment detail for the top comp
  • Tract size (852.91 ac → 1011.2 ac)-5.1%
  • Access (Dirt → Gravel)+16.3%

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.