Comparable sales & offer analysis
Parcel NM-724666
Mora County, NM · 42.59 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$55,400
Adjusted value
$47,843
Value range
$36,225–$59,462
Comp $/acre
$1,123/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.8% versus the adjusted value.
Offer position
Max allowable offer
$27,339
Offer $/acre
$642/ac
Projected profit
$14,353
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-293823 | 23.1 | Jul 27, 2026 | $27,700 | 1,196 | 1,091 | 84 |
| NM-624787 | 46.5 | Jul 27, 2026 | $67,900 | 1,461 | 1,184 | 84 |
| NM-894343 | 33.7 | Jul 19, 2026 | $44,100 | 1,308 | 1,000 | 82 |
| NM-593800 | 22.8 | Jul 27, 2026 | $58,600 | 2,574 | 1,354 | 77 |
| NM-984823 | 47.7 | Aug 19, 2024 | $78,100 | 1,637 | 1,270 | 70 |
| NM-843718 | 21.4 | Oct 1, 2025 | $39,600 | 1,846 | 1,172 | 66 |
| NM-623054 | 13.3 | Jul 27, 2026 | $17,700 | 1,333 | 656 | 65 |
| NM-253031 | 13.0 | Sep 18, 2025 | $30,200 | 2,317 | 1,738 | 60 |
| NM-165779 | 95.4 | Jan 20, 2025 | $140,000 | 1,468 | 918 | 59 |
| NM-656391 | 148.6 | Sep 22, 2024 | $170,600 | 1,148 | 814 | 57 |
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.