Comparable sales & offer analysis
Parcel NM-478832
Hidalgo County, NM · 871 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$538,700
Adjusted value
$540,175
Value range
$424,590–$655,760
Comp $/acre
$620/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.3% versus the adjusted value.
Offer position
Max allowable offer
$308,672
Offer $/acre
$354/ac
Projected profit
$162,053
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 | 429 | 84 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 741 | 71 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 690 | 69 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 793 | 67 |
| NM-277982 | 470.6 | Dec 29, 2023 | $414,400 | 881 | 505 | 64 |
| NM-157631 | 364.9 | Dec 14, 2025 | $317,600 | 870 | 594 | 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.