Comparable sales & offer analysis
Parcel NM-953127
Hidalgo County, NM · 13.97 ac · Residential · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$17,400
Adjusted value
$19,564
Value range
$14,868–$24,260
Comp $/acre
$1,400/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.1% versus the adjusted value.
Offer position
Max allowable offer
$11,179
Offer $/acre
$800/ac
Projected profit
$5,869
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-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 1,628 | 81 |
| NM-233821 | 23.1 | Jun 27, 2026 | $20,200 | 873 | 867 | 80 |
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 1,795 | 74 |
| NM-373561 | 19.1 | Nov 28, 2025 | $22,300 | 1,166 | 995 | 73 |
| NM-781642 | 4.8 | Apr 8, 2026 | $10,100 | 2,123 | 1,599 | 67 |
| NM-204305 | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 1,470 | 66 |
| NM-573516 | 18.5 | Feb 4, 2025 | $62,000 | 3,350 | 1,738 | 66 |
| NM-543793 | 22.6 | Sep 18, 2023 | $31,300 | 1,382 | 1,117 | 61 |
| NM-644655 | 42.3 | Oct 26, 2024 | $36,900 | 873 | 1,102 | 60 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 1,733 | 59 |
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.
