NM-247472
9350 County Road 355
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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?
5 items to verify before you offer.
Partial wetlands. Verify the delineated build envelope.
Gentle grade, straightforward to develop.
Moderate flood hazard on part of the tract.
Access by easement; pull and read the recorded document.
A long utility run — price in solar/off-grid instead.
Net of wetlands and slope constraints.
Step 2 · Where do the numbers land?
Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.
Comps, diligence flags, an offer number and what to ask the seller.
You need $182,201 off asking to hit this margin.
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Dist | Match |
|---|---|---|---|---|---|---|---|
| NM-169142 Gravel · Full utilities | 1090.3 | Jul 27, 2026 | $1,221,800 | 1,121 | 972 | 4.9 mi | 73 |
| NM-937986 Paved · Power at road | 471.9 | Jan 4, 2026 | $400,500 | 849 | 602 | 7.7 mi | 73 |
| NM-218803 Dirt · Full utilities | 852.9 | Jul 27, 2026 | $428,800 | 503 | 470 | 7.9 mi | 72 |
| NM-547166 Gravel · Full utilities | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 1,230 | 7.1 mi | 72 |
| NM-658923 Gravel · Power at road | 930.4 | Jul 27, 2026 | $774,000 | 832 | 838 | 10.8 mi | 72 |
| NM-256447 Gravel · Power at road | 154.8 | Jul 27, 2026 | $253,100 | 1,635 | 972 | 10.8 mi | 71 |
| NM-158698 Paved · Off grid | 790.4 | Mar 11, 2026 | $683,000 | 864 | 838 | 7.6 mi | 69 |
| NM-686954 Paved · Full utilities | 223.4 | Nov 9, 2024 | $412,900 | 1,848 | 905 | 4.1 mi | 69 |
| NM-539038 Gravel · Full utilities | 1011.2 | Jul 27, 2026 | $858,900 | 849 | 720 | 9.0 mi | 67 |
| NM-406873 Paved · Off grid | 210.7 | May 12, 2024 | $249,600 | 1,184 | 835 | 10.1 mi | 64 |
Show adjustment detail for the top comp
- Tract size (1090.33 ac → 325.2 ac)+44.4%
- Access (Gravel → Dirt)-14.0%
- 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.