Comparable sales & offer analysis
Parcel NM-204305
Hidalgo County, NM · 32.79 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$38,700
Adjusted value
$34,314
Value range
$25,546–$43,082
Comp $/acre
$1,046/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.8% versus the adjusted value.
Offer position
Max allowable offer
$19,608
Offer $/acre
$598/ac
Projected profit
$10,294
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-233821 | 23.1 | Jun 27, 2026 | $20,200 | 873 | 658 | 81 |
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 1,361 | 77 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 803 | 72 |
| NM-373561 | 19.1 | Nov 28, 2025 | $22,300 | 1,166 | 755 | 71 |
| NM-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 1,416 | 69 |
| NM-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,021 | 69 |
| NM-644655 | 42.3 | Oct 26, 2024 | $36,900 | 873 | 835 | 68 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 1,314 | 68 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 1,235 | 66 |
| NM-325814 | 97.8 | Jan 4, 2026 | $149,700 | 1,530 | 1,135 | 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.