Comparable sales & offer analysis
Parcel NM-157631
Hidalgo County, NM · 365 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$356,500
Adjusted value
$342,324
Value range
$272,240–$412,407
Comp $/acre
$938/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +4.1% versus the adjusted value.
Offer position
Max allowable offer
$195,614
Offer $/acre
$536/ac
Projected profit
$102,697
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 | 649 | 76 |
| NM-917228 | 272.5 | Jul 27, 2026 | $246,100 | 903 | 1,045 | 74 |
| NM-647568 | 348.6 | Feb 8, 2025 | $401,200 | 1,151 | 1,200 | 69 |
| NM-277982 | 470.6 | Dec 29, 2023 | $414,400 | 881 | 764 | 65 |
| NM-478832 | 871.0 | Apr 28, 2026 | $456,300 | 524 | 808 | 65 |
| NM-588378 | 626.9 | Jun 27, 2024 | $782,900 | 1,249 | 1,122 | 63 |
| NM-586157 | 125.4 | Mar 10, 2025 | $160,100 | 1,276 | 1,009 | 61 |
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.