Comparable sales & offer analysis
Parcel NM-656391
Mora County, NM · 149 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$193,900
Adjusted value
$278,766
Value range
$223,853–$333,680
Comp $/acre
$1,876/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.4% versus the adjusted value.
Offer position
Max allowable offer
$159,295
Offer $/acre
$1,072/ac
Projected profit
$83,630
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 | 1,966 | 83 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 2,248 | 73 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 1,218 | 72 |
| NM-165779 | 95.4 | Jan 20, 2025 | $140,000 | 1,468 | 1,404 | 72 |
| NM-624787 | 46.5 | Jul 27, 2026 | $67,900 | 1,461 | 1,811 | 70 |
| NM-686954 | 223.4 | Nov 9, 2024 | $412,900 | 1,848 | 1,829 | 69 |
| NM-406873 | 210.7 | May 12, 2024 | $249,600 | 1,184 | 1,687 | 68 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 2,488 | 67 |
| NM-724666 | 42.6 | Jun 26, 2025 | $59,400 | 1,396 | 2,250 | 60 |
| NM-984823 | 47.7 | Aug 19, 2024 | $78,100 | 1,637 | 1,944 | 56 |
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.