Comparable sales & offer analysis
Parcel NM-647568
Hidalgo County, NM · 349 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$398,000
Adjusted value
$318,859
Value range
$262,222–$375,497
Comp $/acre
$915/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.8% versus the adjusted value.
Offer position
Max allowable offer
$182,205
Offer $/acre
$523/ac
Projected profit
$95,658
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 | 665 | 83 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 1,071 | 82 |
| NM-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 828 | 74 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 923 | 73 |
| NM-277982 | 470.6 | Dec 29, 2023 | $414,400 | 881 | 783 | 71 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 1,150 | 66 |
| NM-586157 | 125.4 | Mar 10, 2025 | $160,100 | 1,276 | 1,035 | 64 |
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.