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Mora County, NM · Sold

NM-158698

5001 County Road 353

$812,100
$1,027/ac · 790 ac
Acreage790 ac
Price per acre$1,027/ac
ZoningAgricultural
Road accessPaved
UtilitiesOff grid
TopographyWooded
ListedDec 18, 2025
Coordinates35.9471, -105.0493
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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

1 item to verify before you offer.

Risk index
12
Low risk
Wetlands5.0% 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

6,870 ft of deeded road frontage.

Power3,120 ft away

Service extension needed; get a utility quote.

Buildable area713.37 of 790.44 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$688,880
$512,029$865,731 · $872/ac on 790 ac
Asking vs estimate
+17.9%
Priced above 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 $812,100
Maximum allowable offer
$393,646
$498/ac · +30.0% target margin

You need $418,454 off asking to hit this margin.

All-in cost$427,106
Net resale$633,770
Projected profit$206,664
ROI+48.4%
Annualized+69.2%
Break-even resale$587/ac
Profit if resale lands off target
-20%
$79,910
-10%
$143,287
0%
$206,664
+10%
$270,041
+20%
$333,418
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,80050349310.6 mi
86
NM-539038
Gravel · Full utilities
1011.2Jul 27, 2026$858,90084975513.2 mi
81
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1211,0205.2 mi
80
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,00083288014.3 mi
78
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,0999214.7 mi
74
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1091,1677.6 mi
73
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,50084963212.0 mi
71
NM-269622
Dirt · Power at road
1543.7May 19, 2026$876,9005688249.7 mi
70
NM-579841
Dirt · Power at road
1809.1Sep 16, 2025$966,7005348383.5 mi
67
NM-547166
Gravel · Full utilities
260.6Jun 20, 2025$544,1002,0881,2911.7 mi
64
Show adjustment detail for the top comp
  • Tract size (852.91 ac → 790.44 ac)+2.4%
  • Access (Dirt → Paved)+37.2%
  • Utilities (Full utilities → Off grid)-30.3%

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.