Comparable sales & offer analysis
Parcel NM-658923
Mora County, NM · 930 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$753,700
Adjusted value
$756,589
Value range
$555,392–$957,787
Comp $/acre
$813/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.4% versus the adjusted value.
Offer position
Max allowable offer
$432,337
Offer $/acre
$465/ac
Projected profit
$226,977
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-539038 | 1011.2 | Jul 27, 2026 | $858,900 | 849 | 720 | 88 |
| NM-169142 | 1090.3 | Jul 27, 2026 | $1,221,800 | 1,121 | 972 | 87 |
| NM-218803 | 852.9 | Jul 27, 2026 | $428,800 | 503 | 470 | 84 |
| NM-269622 | 1543.7 | May 19, 2026 | $876,900 | 568 | 786 | 76 |
| NM-158698 | 790.4 | Mar 11, 2026 | $683,000 | 864 | 839 | 73 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 603 | 73 |
| NM-609947 | 1953.5 | Jul 28, 2025 | $1,232,000 | 631 | 684 | 71 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,112 | 70 |
| NM-579841 | 1809.1 | Sep 16, 2025 | $966,700 | 534 | 799 | 70 |
| NM-959574 | 1491.0 | Aug 2, 2024 | $842,400 | 565 | 1,236 | 66 |
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.
