Comparable sales & offer analysis
Parcel NM-233821
Hidalgo County, NM · 23.09 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$24,400
Adjusted value
$34,659
Value range
$27,529–$41,790
Comp $/acre
$1,501/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.6% versus the adjusted value.
Offer position
Max allowable offer
$19,805
Offer $/acre
$858/ac
Projected profit
$10,398
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-373561 | 19.1 | Nov 28, 2025 | $22,300 | 1,166 | 1,013 | 81 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,078 | 76 |
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 1,827 | 73 |
| NM-204305 | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 1,496 | 71 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 1,657 | 71 |
| NM-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 1,900 | 68 |
| NM-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,370 | 67 |
| NM-585288 | 66.8 | Aug 29, 2025 | $78,600 | 1,176 | 1,267 | 67 |
| NM-573516 | 18.5 | Feb 4, 2025 | $62,000 | 3,350 | 1,768 | 66 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 1,763 | 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.