Comparable sales & offer analysis
Parcel NM-588378
Hidalgo County, NM · 627 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$797,300
Adjusted value
$675,466
Value range
$536,299–$814,633
Comp $/acre
$1,077/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.0% versus the adjusted value.
Offer position
Max allowable offer
$385,981
Offer $/acre
$616/ac
Projected profit
$202,640
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-767957 | 462.1 | Jul 27, 2026 | $188,500 | 408 | 791 | 83 |
| NM-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 985 | 80 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 1,274 | 72 |
| NM-277982 | 470.6 | Dec 29, 2023 | $414,400 | 881 | 932 | 72 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 1,097 | 70 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 1,463 | 68 |
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.