Comparable sales & offer analysis
Parcel NM-767957
Hidalgo County, NM · 462 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$186,300
Adjusted value
$284,318
Value range
$237,299–$331,337
Comp $/acre
$615/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -34.5% versus the adjusted value.
Offer position
Max allowable offer
$162,467
Offer $/acre
$352/ac
Projected profit
$85,295
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-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 512 | 81 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 662 | 80 |
| NM-277982 | 470.6 | Dec 29, 2023 | $414,400 | 881 | 484 | 74 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 760 | 74 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 711 | 72 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 570 | 71 |
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.