Comparable sales & offer analysis
Parcel NM-585288
Hidalgo County, NM · 66.84 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$77,900
Adjusted value
$94,172
Value range
$73,555–$114,789
Comp $/acre
$1,409/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.3% versus the adjusted value.
Offer position
Max allowable offer
$53,813
Offer $/acre
$805/ac
Projected profit
$28,252
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-655226 | 63.9 | Dec 24, 2025 | $140,600 | 2,201 | 1,834 | 79 |
| NM-324596 | 40.5 | Apr 23, 2026 | $107,000 | 2,644 | 1,763 | 76 |
| NM-233821 | 23.1 | Jun 27, 2026 | $20,200 | 873 | 852 | 74 |
| NM-845590 | 83.2 | Jul 3, 2025 | $120,600 | 1,449 | 1,163 | 74 |
| NM-855128 | 59.5 | Feb 22, 2025 | $73,400 | 1,233 | 1,293 | 74 |
| NM-325814 | 97.8 | Jan 4, 2026 | $149,700 | 1,530 | 1,471 | 71 |
| NM-614951 | 52.4 | Apr 9, 2025 | $68,200 | 1,303 | 1,323 | 70 |
| NM-644655 | 42.3 | Oct 26, 2024 | $36,900 | 873 | 1,082 | 69 |
| NM-764768 | 45.9 | Jun 28, 2024 | $77,500 | 1,689 | 1,703 | 67 |
| NM-586157 | 125.4 | Mar 10, 2025 | $160,100 | 1,276 | 1,593 | 66 |
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.