Comparable sales & offer analysis
Parcel NM-406873
Mora County, NM · 211 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$283,300
Adjusted value
$288,597
Value range
$218,631–$358,563
Comp $/acre
$1,370/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.8% versus the adjusted value.
Offer position
Max allowable offer
$164,912
Offer $/acre
$783/ac
Projected profit
$86,579
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 | 1,510 | 80 |
| NM-686954 | 223.4 | Nov 9, 2024 | $412,900 | 1,848 | 1,406 | 78 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,727 | 77 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 936 | 71 |
| NM-656391 | 148.6 | Sep 22, 2024 | $170,600 | 1,148 | 958 | 70 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 1,912 | 69 |
| NM-165779 | 95.4 | Jan 20, 2025 | $140,000 | 1,468 | 1,079 | 67 |
| NM-988345 | 612.1 | Jan 12, 2025 | $672,500 | 1,099 | 1,364 | 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.