Comparable sales & offer analysis
Parcel NM-373561
Hidalgo County, NM · 19.13 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$23,800
Adjusted value
$32,434
Value range
$24,804–$40,065
Comp $/acre
$1,695/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.6% versus the adjusted value.
Offer position
Max allowable offer
$18,534
Offer $/acre
$969/ac
Projected profit
$9,730
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 | 1,046 | 87 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 1,964 | 75 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,278 | 75 |
| NM-573516 | 18.5 | Feb 4, 2025 | $62,000 | 3,350 | 2,096 | 69 |
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 2,166 | 68 |
| NM-204305 | 32.8 | Feb 18, 2025 | $34,400 | 1,049 | 1,773 | 67 |
| NM-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 2,253 | 66 |
| NM-543793 | 22.6 | Sep 18, 2023 | $31,300 | 1,382 | 1,347 | 65 |
| NM-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,625 | 64 |
| NM-855128 | 59.5 | Feb 22, 2025 | $73,400 | 1,233 | 1,587 | 62 |
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.