Comparable sales & offer analysis
Parcel NM-843718
Mora County, NM · 21.43 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$37,900
Adjusted value
$41,944
Value range
$32,193–$51,694
Comp $/acre
$1,957/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.6% versus the adjusted value.
Offer position
Max allowable offer
$23,968
Offer $/acre
$1,118/ac
Projected profit
$12,583
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-623054 | 13.3 | Jul 27, 2026 | $17,700 | 1,333 | 1,077 | 84 |
| NM-293823 | 23.1 | Jul 27, 2026 | $27,700 | 1,196 | 1,791 | 84 |
| NM-593800 | 22.8 | Jul 27, 2026 | $58,600 | 2,574 | 2,223 | 83 |
| NM-894343 | 33.7 | Jul 19, 2026 | $44,100 | 1,308 | 1,643 | 79 |
| NM-624787 | 46.5 | Jul 27, 2026 | $67,900 | 1,461 | 1,943 | 73 |
| NM-282179 | 7.0 | Jul 27, 2026 | $15,100 | 2,153 | 1,931 | 73 |
| NM-253031 | 13.0 | Sep 18, 2025 | $30,200 | 2,317 | 2,855 | 70 |
| NM-292033 | 6.3 | May 1, 2026 | $17,900 | 2,828 | 1,855 | 64 |
| NM-724666 | 42.6 | Jun 26, 2025 | $59,400 | 1,396 | 2,414 | 64 |
| NM-984823 | 47.7 | Aug 19, 2024 | $78,100 | 1,637 | 2,085 | 63 |
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.