Comparable sales & offer analysis
Parcel NM-111353
Hidalgo County, NM · 3.86 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,200
Adjusted value
$8,154
Value range
$7,183–$9,125
Comp $/acre
$2,113/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.0% versus the adjusted value.
Offer position
Max allowable offer
$4,660
Offer $/acre
$1,207/ac
Projected profit
$2,446
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-781642 | 4.8 | Apr 8, 2026 | $10,100 | 2,123 | 2,184 | 89 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 2,225 | 77 |
| NM-100108 | 1.6 | Jul 27, 2026 | $3,900 | 2,471 | 2,070 | 72 |
| NM-170422 | 2.0 | Oct 15, 2024 | $5,200 | 2,654 | 2,397 | 70 |
| NM-540193 | 1.7 | Jan 14, 2025 | $2,500 | 1,490 | 1,602 | 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.