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Mora County, NM · Sold

NM-256447

741 County Road 200

$268,100
$1,732/ac · 155 ac
Acreage155 ac
Price per acre$1,732/ac
ZoningMixed Use
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedFeb 24, 2026
Coordinates36.0675, -104.8299
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

4 items to verify before you offer.

Risk index
28
Low risk
Wetlands16.1% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.9%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power235 ft away

Power at or near the road.

Buildable area123.36 of 154.77 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$226,682
$173,544$279,819 · $1,465/ac on 155 ac
Asking vs estimate
+18.3%
Priced above 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 $268,100
Maximum allowable offer
$129,532
$837/ac · +30.0% target margin

You need $138,568 off asking to hit this margin.

All-in cost$140,542
Net resale$208,547
Projected profit$68,005
ROI+48.4%
Annualized+69.3%
Break-even resale$987/ac
Profit if resale lands off target
-20%
$26,296
-10%
$47,150
0%
$68,005
+10%
$88,860
+20%
$109,715
Comparable sales9 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-656391
Paved · Power at road
148.6Sep 22, 2024$170,6001,1481,0399.5 mi
73
NM-247472
Dirt · Off grid
325.2Jul 27, 2026$360,6001,1091,87410.8 mi
71
NM-624787
Dirt · Off grid
46.5Jul 27, 2026$67,9001,4611,51010.6 mi
71
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008491,0163.1 mi
68
NM-406873
Paved · Off grid
210.7May 12, 2024$249,6001,1841,4075.3 mi
67
NM-686954
Paved · Full utilities
223.4Nov 9, 2024$412,9001,8481,5268.1 mi
66
NM-547166
Gravel · Full utilities
260.6Jun 20, 2025$544,1002,0882,07415.6 mi
65
NM-165779
Paved · Power at road
95.4Jan 20, 2025$140,0001,4681,17111.9 mi
65
NM-984823
Landlocked · Full utilities
47.7Aug 19, 2024$78,1001,6371,62113.1 mi
53
Show adjustment detail for the top comp
  • Tract size (148.61 ac → 154.77 ac)-1.1%
  • Access (Paved → Gravel)-15.3%
  • Market time (23 mo)+8.0%

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.