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Comparable sales & offer analysis

Parcel NM-609947

Mora County, NM · 1,954 ac · Recreational · Gravel · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$1,181,200
Adjusted value
$1,575,943
Value range
$1,218,840–$1,933,047
Comp $/acre
$807/ac

Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.0% versus the adjusted value.

Offer position

Max allowable offer
$900,539
Offer $/acre
$461/ac
Projected profit
$472,783
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-1691421090.3Jul 27, 2026$1,221,8001,12194186
NM-5798411809.1Sep 16, 2025$966,70053477282
NM-2696221543.7May 19, 2026$876,90056876080
NM-658923930.4Jul 27, 2026$774,00083281178
NM-5390381011.2Jul 27, 2026$858,90084969677
NM-218803852.9Jul 27, 2026$428,80050345574
NM-9595741491.0Aug 2, 2024$842,4005651,19568
NM-158698790.4Mar 11, 2026$683,00086481166
NM-988345612.1Jan 12, 2025$672,5001,09984955
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.