Comparable sales & offer analysis
Parcel NM-170422
Hidalgo County, NM · 1.97 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$5,900
Adjusted value
$4,363
Value range
$3,614–$5,111
Comp $/acre
$2,214/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.2% versus the adjusted value.
Offer position
Max allowable offer
$2,493
Offer $/acre
$1,265/ac
Projected profit
$1,309
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 | 2,467 | 88 |
| NM-111353 | 3.9 | Jul 27, 2026 | $5,800 | 1,511 | 1,815 | 81 |
| NM-781642 | 4.8 | Apr 8, 2026 | $10,100 | 2,123 | 2,603 | 75 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 2,651 | 72 |
| NM-540193 | 1.7 | Jan 14, 2025 | $2,500 | 1,490 | 1,910 | 69 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,725 | 59 |
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.