Comparable sales & offer analysis
Parcel NM-277982
Hidalgo County, NM · 471 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$458,400
Adjusted value
$569,433
Value range
$453,195–$685,671
Comp $/acre
$1,210/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.5% versus the adjusted value.
Offer position
Max allowable offer
$325,390
Offer $/acre
$692/ac
Projected profit
$170,830
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-767957 | 462.1 | Jul 27, 2026 | $188,500 | 408 | 830 | 88 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 1,337 | 78 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 1,536 | 75 |
| NM-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 1,033 | 75 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 1,152 | 74 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 1,436 | 73 |
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.