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Mora County, NM · Sold

NM-959574

6236 County Road 243

$843,200
$566/ac · 1,491 ac
Acreage1,491 ac
Price per acre$566/ac
ZoningMixed Use
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedFeb 4, 2024
Coordinates36.0850, -104.9148
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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

5 items to verify before you offer.

Risk index
53
Moderate risk
Wetlands19.2% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope8.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power7,642 ft away

A long utility run — price in solar/off-grid instead.

Buildable area1144.48 of 1490.98 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$560,778
$458,393$663,163 · $376/ac on 1,491 ac
Asking vs estimate
+50.4%
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 $843,200
Maximum allowable offer
$320,444
$215/ac · +30.0% target margin

You need $522,756 off asking to hit this margin.

All-in cost$347,682
Net resale$515,916
Projected profit$168,234
ROI+48.4%
Annualized+69.3%
Break-even resale$253/ac
Profit if resale lands off target
-20%
$65,051
-10%
$116,642
0%
$168,234
+10%
$219,825
+20%
$271,417
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-269622
Dirt · Power at road
1543.7May 19, 2026$876,9005683902.5 mi
85
NM-539038
Gravel · Full utilities
1011.2Jul 27, 2026$858,9008493574.7 mi
79
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1214827.6 mi
79
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,0008324163.8 mi
78
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,8005032333.1 mi
78
NM-579841
Dirt · Power at road
1809.1Sep 16, 2025$966,7005343969.1 mi
73
NM-609947
Gravel · Full utilities
1953.5Jul 28, 2025$1,232,0006313405.5 mi
73
NM-158698
Paved · Off grid
790.4Mar 11, 2026$683,00086441612.1 mi
70
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008492994.9 mi
65
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,09943616.2 mi
56
Show adjustment detail for the top comp
  • Tract size (1543.73 ac → 1490.98 ac)+1.1%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (3 mo)+1.0%

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.