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Mora County, NM · Sold

NM-120636

341 County Road 320

$8,000
$3,478/ac · 2.30 ac
Acreage2.30 ac
Price per acre$3,478/ac
ZoningUnzoned
Road accessPaved
UtilitiesFull utilities
TopographyFlat
ListedSep 1, 2023
Coordinates35.9772, -104.9265
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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
17
Low risk
Wetlands17.9% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope1.8%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

302 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area1.79 of 2.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,683
$6,506$10,861 · $3,775/ac on 2.30 ac
Asking vs estimate
-7.9%
Priced below the comp set

Weighted from 7 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 $8,000
Maximum allowable offer
$4,962
$2,157/ac · +30.0% target margin

You need $3,038 off asking to hit this margin.

All-in cost$5,384
Net resale$7,989
Projected profit$2,605
ROI+48.4%
Annualized+69.2%
Break-even resale$2,544/ac
Profit if resale lands off target
-20%
$1,007
-10%
$1,806
0%
$2,605
+10%
$3,404
+20%
$4,203
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-282179
Dirt · Power at road
7.0Jul 27, 2026$15,1002,1533,7743.6 mi
71
NM-292033
Paved · Power at road
6.3May 1, 2026$17,9002,8283,6258.8 mi
69
NM-623054
Paved · Off grid
13.3Jul 27, 2026$17,7001,3332,1057.4 mi
66
NM-293823
Landlocked · Off grid
23.1Jul 27, 2026$27,7001,1963,5012.3 mi
64
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5744,3454.8 mi
62
NM-253031
Landlocked · Power at road
13.0Sep 18, 2025$30,2002,3175,5815.9 mi
57
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8463,7626.4 mi
55
Show adjustment detail for the top comp
  • Tract size (7.03 ac → 2.3 ac)+4.5%
  • Access (Dirt → Paved)+37.2%
  • 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.