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Mora County, NM · Sold

NM-937986

9592 County Road 95

$422,900
$896/ac · 472 ac
Acreage472 ac
Price per acre$896/ac
ZoningUnzoned
Road accessPaved
UtilitiesPower at road
TopographyFlat
ListedApr 21, 2025
Coordinates36.0292, -104.8603
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

3 items to verify before you offer.

Risk index
36
Moderate risk
Wetlands34.3% of tract

Heavy wetland coverage — assume a delineation and permitting delay.

Average slope2.5%

Gentle grade, straightforward to develop.

Flood zoneAE

Inside the 100-year floodplain — insurance and elevation apply.

Legal accessDeeded frontage

1,754 ft of deeded road frontage.

Power22 ft away

Power at or near the road.

Buildable area294.55 of 471.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$559,862
$438,127$681,597 · $1,186/ac on 472 ac
Asking vs estimate
-24.5%
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 $422,900
Maximum allowable offer
$319,921
$678/ac · +30.0% target margin

You need $102,979 off asking to hit this margin.

All-in cost$347,114
Net resale$515,073
Projected profit$167,959
ROI+48.4%
Annualized+69.2%
Break-even resale$799/ac
Profit if resale lands off target
-20%
$64,944
-10%
$116,451
0%
$167,959
+10%
$219,466
+20%
$270,973
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,0008321,2113.2 mi
79
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,8005036792.4 mi
78
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1091,6067.7 mi
78
NM-539038
Gravel · Full utilities
1011.2Jul 27, 2026$858,9008491,0401.3 mi
76
NM-256447
Gravel · Power at road
154.8Jul 27, 2026$253,1001,6351,4053.1 mi
73
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1211,4046.8 mi
72
NM-158698
Paved · Off grid
790.4Mar 11, 2026$683,0008641,21112.0 mi
72
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,0991,26815.0 mi
70
NM-269622
Dirt · Power at road
1543.7May 19, 2026$876,9005681,1354.7 mi
69
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1488916.5 mi
66
Show adjustment detail for the top comp
  • Tract size (930.38 ac → 471.92 ac)+23.1%
  • Access (Gravel → Paved)+18.0%

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.