Comparable sales & offer analysis
Parcel NM-324596
Hidalgo County, NM · 40.49 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$120,400
Adjusted value
$81,375
Value range
$62,963–$99,788
Comp $/acre
$2,010/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.0% versus the adjusted value.
Offer position
Max allowable offer
$46,500
Offer $/acre
$1,148/ac
Projected profit
$24,413
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-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 2,009 | 78 |
| NM-845590 | 83.2 | Jul 3, 2025 | $120,600 | 1,449 | 1,766 | 78 |
| NM-233821 | 23.1 | Jun 27, 2026 | $20,200 | 873 | 1,294 | 76 |
| NM-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 2,786 | 75 |
| NM-644655 | 42.3 | Oct 26, 2024 | $36,900 | 873 | 1,643 | 74 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,580 | 73 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 2,586 | 72 |
| NM-585288 | 66.8 | Aug 29, 2025 | $78,600 | 1,176 | 1,858 | 71 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 2,429 | 71 |
| NM-204305 | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 2,193 | 70 |
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.