Comparable sales & offer analysis
Parcel NM-277982
Hidalgo County, NM · 471 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$458,400
Adjusted value
$572,841
Value range
$456,013–$689,669
Comp $/acre
$1,217/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.0% versus the adjusted value.
Offer position
Max allowable offer
$327,338
Offer $/acre
$696/ac
Projected profit
$171,852
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 | 835 | 87 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 1,345 | 77 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 1,544 | 75 |
| NM-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 1,039 | 74 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 1,443 | 73 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 1,158 | 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.