Comparable sales & offer analysis
Parcel NM-540193
Hidalgo County, NM · 1.67 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,400
Adjusted value
$3,300
Value range
$2,716–$3,884
Comp $/acre
$1,976/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -27.3% versus the adjusted value.
Offer position
Max allowable offer
$1,886
Offer $/acre
$1,129/ac
Projected profit
$990
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-100108 | 1.6 | Jul 27, 2026 | $3,900 | 2,471 | 2,064 | 84 |
| NM-111353 | 3.9 | Jul 27, 2026 | $5,800 | 1,511 | 1,519 | 72 |
| NM-781642 | 4.8 | Apr 8, 2026 | $10,100 | 2,123 | 2,178 | 69 |
| NM-170422 | 2.0 | Oct 15, 2024 | $5,200 | 2,654 | 2,390 | 68 |
| NM-652867 | 11.6 | Jul 27, 2026 | $28,100 | 2,432 | 2,218 | 63 |
| NM-953127 | 14.0 | Feb 27, 2026 | $14,500 | 1,039 | 1,443 | 60 |
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.