Comparable sales & offer analysis
Parcel NM-293823
Mora County, NM · 23.13 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$30,600
Adjusted value
$31,221
Value range
$24,027–$38,415
Comp $/acre
$1,350/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.0% versus the adjusted value.
Offer position
Max allowable offer
$17,840
Offer $/acre
$771/ac
Projected profit
$9,366
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-593800 | 22.8 | Jul 27, 2026 | $58,600 | 2,574 | 1,496 | 86 |
| NM-894343 | 33.7 | Jul 19, 2026 | $44,100 | 1,308 | 1,105 | 80 |
| NM-843718 | 21.4 | Oct 1, 2025 | $39,600 | 1,846 | 1,295 | 77 |
| NM-624787 | 46.5 | Jul 27, 2026 | $67,900 | 1,461 | 1,308 | 77 |
| NM-724666 | 42.6 | Jun 26, 2025 | $59,400 | 1,396 | 1,625 | 77 |
| NM-623054 | 13.3 | Jul 27, 2026 | $17,700 | 1,333 | 725 | 74 |
| NM-253031 | 13.0 | Sep 18, 2025 | $30,200 | 2,317 | 1,921 | 70 |
| NM-282179 | 7.0 | Jul 27, 2026 | $15,100 | 2,153 | 1,299 | 67 |
| NM-984823 | 47.7 | Aug 19, 2024 | $78,100 | 1,637 | 1,403 | 62 |
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.