Comparable sales & offer analysis
Parcel NM-644655
Hidalgo County, NM · 42.26 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$39,100
Adjusted value
$51,636
Value range
$40,529–$62,743
Comp $/acre
$1,222/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.3% versus the adjusted value.
Offer position
Max allowable offer
$29,506
Offer $/acre
$698/ac
Projected profit
$15,491
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 1,540 | 81 |
| NM-855128 | 59.5 | Feb 22, 2025 | $73,400 | 1,233 | 1,128 | 72 |
| NM-585288 | 66.8 | Aug 29, 2025 | $78,600 | 1,176 | 1,068 | 72 |
| NM-233821 | 23.1 | Jun 27, 2026 | $20,200 | 873 | 744 | 71 |
| NM-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 1,601 | 70 |
| NM-204305 | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 1,261 | 69 |
| NM-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,155 | 69 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 1,486 | 68 |
| NM-325814 | 97.8 | Jan 4, 2026 | $149,700 | 1,530 | 1,284 | 67 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 908 | 66 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.