Comparable sales & offer analysis
Parcel NM-406873
Mora County, NM · 211 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$283,300
Adjusted value
$290,037
Value range
$219,680–$360,394
Comp $/acre
$1,376/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.3% versus the adjusted value.
Offer position
Max allowable offer
$165,735
Offer $/acre
$787/ac
Projected profit
$87,011
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 | 1,519 | 79 |
| NM-686954 | 223.4 | Nov 9, 2024 | $412,900 | 1,848 | 1,413 | 78 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,737 | 76 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 941 | 70 |
| NM-656391 | 148.6 | Sep 22, 2024 | $170,600 | 1,148 | 963 | 69 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 1,922 | 69 |
| NM-165779 | 95.4 | Jan 20, 2025 | $140,000 | 1,468 | 1,085 | 66 |
| NM-988345 | 612.1 | Jan 12, 2025 | $672,500 | 1,099 | 1,371 | 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.