← New search
Mora County, NM · Sold

NM-293823

8010 County Road 151

$30,600
$1,323/ac · 23.13 ac
Acreage23.13 ac
Price per acre$1,323/ac
ZoningRecreational
Road accessLandlocked
UtilitiesOff grid
TopographyRolling
ListedJun 20, 2026
Coordinates35.9956, -104.9612
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

6 items to verify before you offer.

Risk index
49
Moderate risk
Wetlands14.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope10.9%

Rolling to steep in places; pad prep likely.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power4,618 ft away

Service extension needed; get a utility quote.

Buildable area18.85 of 23.13 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$31,035
$23,876$38,194 · $1,342/ac on 23.13 ac
Asking vs estimate
-1.4%
In line with 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 $30,600
Maximum allowable offer
$17,734
$767/ac · +30.0% target margin

You need $12,866 off asking to hit this margin.

All-in cost$19,241
Net resale$28,552
Projected profit$9,311
ROI+48.4%
Annualized+69.3%
Break-even resale$904/ac
Profit if resale lands off target
-20%
$3,601
-10%
$6,456
0%
$9,311
+10%
$12,166
+20%
$15,022
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-593800
Gravel · Power at road
22.8Jul 27, 2026$58,6002,5741,4882.5 mi
87
NM-894343
Dirt · Off grid
33.7Jul 19, 2026$44,1001,3081,0995.4 mi
81
NM-843718
Gravel · Off grid
21.4Oct 1, 2025$39,6001,8461,2888.2 mi
78
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,3013.3 mi
78
NM-724666
Landlocked · Off grid
42.6Jun 26, 2025$59,4001,3961,6163.8 mi
77
NM-623054
Paved · Off grid
13.3Jul 27, 2026$17,7001,3337219.6 mi
76
NM-253031
Landlocked · Power at road
13.0Sep 18, 2025$30,2002,3171,9118.2 mi
70
NM-282179
Dirt · Power at road
7.0Jul 27, 2026$15,1002,1531,2925.9 mi
69
NM-984823
Landlocked · Full utilities
47.7Aug 19, 2024$78,1001,6371,3968.3 mi
63
Show adjustment detail for the top comp
  • Access (Gravel → Landlocked)-32.0%
  • 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.