Comparable sales & offer analysis
Parcel NM-656391
Mora County, NM · 149 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$193,900
Adjusted value
$277,339
Value range
$222,728–$331,950
Comp $/acre
$1,866/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.1% versus the adjusted value.
Offer position
Max allowable offer
$158,480
Offer $/acre
$1,066/ac
Projected profit
$83,202
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-256447 | 154.8 | Jul 27, 2026 | $253,100 | 1,635 | 1,955 | 84 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 2,236 | 74 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 1,212 | 73 |
| NM-165779 | 95.4 | Jan 20, 2025 | $140,000 | 1,468 | 1,397 | 72 |
| NM-624787 | 46.5 | Jul 27, 2026 | $67,900 | 1,461 | 1,801 | 72 |
| NM-686954 | 223.4 | Nov 9, 2024 | $412,900 | 1,848 | 1,820 | 69 |
| NM-406873 | 210.7 | May 12, 2024 | $249,600 | 1,184 | 1,679 | 69 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 2,474 | 67 |
| NM-724666 | 42.6 | Jun 26, 2025 | $59,400 | 1,396 | 2,238 | 61 |
| NM-984823 | 47.7 | Aug 19, 2024 | $78,100 | 1,637 | 1,934 | 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.