← New search
Mora County, NM · Sold

NM-269622

381 County Road 66

$902,200
$584/ac · 1,544 ac
Acreage1,544 ac
Price per acre$584/ac
ZoningResidential
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedApr 4, 2026
Coordinates36.0546, -104.9390
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

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands3.4% of tract

Little to no mapped wetland coverage.

Average slope28.4%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

6,545 ft of deeded road frontage.

Power53 ft away

Power at or near the road.

Buildable area894.75 of 1543.73 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$904,988
$678,382$1,131,595 · $586/ac on 1,544 ac
Asking vs estimate
-0.3%
In line with 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 $902,200
Maximum allowable offer
$517,136
$335/ac · +30.0% target margin

You need $385,064 off asking to hit this margin.

All-in cost$561,093
Net resale$832,589
Projected profit$271,497
ROI+48.4%
Annualized+69.2%
Break-even resale$395/ac
Profit if resale lands off target
-20%
$104,979
-10%
$188,238
0%
$271,497
+10%
$354,756
+20%
$438,015
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
NM-218803
Dirt · Full utilities
852.9Jul 27, 2026$428,8005033432.4 mi
81
NM-169142
Gravel · Full utilities
1090.3Jul 27, 2026$1,221,8001,1217105.1 mi
80
NM-579841
Dirt · Power at road
1809.1Sep 16, 2025$966,7005345836.7 mi
79
NM-658923
Gravel · Power at road
930.4Jul 27, 2026$774,0008326125.2 mi
79
NM-539038
Gravel · Full utilities
1011.2Jul 27, 2026$858,9008495265.2 mi
79
NM-609947
Gravel · Full utilities
1953.5Jul 28, 2025$1,232,0006315003.1 mi
75
NM-959574
Landlocked · Off grid
1491.0Aug 2, 2024$842,4005659032.5 mi
75
NM-158698
Paved · Off grid
790.4Mar 11, 2026$683,0008646129.7 mi
69
NM-937986
Paved · Power at road
471.9Jan 4, 2026$400,5008494404.7 mi
66
NM-988345
Paved · Power at road
612.1Jan 12, 2025$672,5001,09964113.7 mi
63
Show adjustment detail for the top comp
  • Tract size (852.91 ac → 1543.73 ac)-16.9%
  • Utilities (Full utilities → Power at road)-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.