Comparable sales & offer analysis
Parcel NM-170422
Hidalgo County, NM · 1.97 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$5,900
Adjusted value
$4,386
Value range
$3,633–$5,138
Comp $/acre
$2,226/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.5% versus the adjusted value.
Offer position
Max allowable offer
$2,506
Offer $/acre
$1,272/ac
Projected profit
$1,316
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-100108 | 1.6 | Jul 27, 2026 | $3,900 | 2,471 | 2,481 | 86 |
| NM-111353 | 3.9 | Jul 27, 2026 | $5,800 | 1,511 | 1,825 | 80 |
| NM-781642 | 4.8 | Apr 8, 2026 | $10,100 | 2,123 | 2,618 | 74 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 2,666 | 70 |
| NM-540193 | 1.7 | Jan 14, 2025 | $2,500 | 1,490 | 1,920 | 69 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,734 | 58 |
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.