Comparable sales & offer analysis
Parcel NM-937986
Mora County, NM · 472 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$422,900
Adjusted value
$562,837
Value range
$440,452–$685,221
Comp $/acre
$1,193/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.9% versus the adjusted value.
Offer position
Max allowable offer
$321,621
Offer $/acre
$682/ac
Projected profit
$168,851
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-658923 | 930.4 | Jul 27, 2026 | $774,000 | 832 | 1,218 | 77 |
| NM-218803 | 852.9 | Jul 27, 2026 | $428,800 | 503 | 683 | 76 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,615 | 76 |
| NM-539038 | 1011.2 | Jul 27, 2026 | $858,900 | 849 | 1,046 | 75 |
| NM-256447 | 154.8 | Jul 27, 2026 | $253,100 | 1,635 | 1,412 | 72 |
| NM-158698 | 790.4 | Mar 11, 2026 | $683,000 | 864 | 1,218 | 71 |
| NM-169142 | 1090.3 | Jul 27, 2026 | $1,221,800 | 1,121 | 1,412 | 71 |
| NM-988345 | 612.1 | Jan 12, 2025 | $672,500 | 1,099 | 1,275 | 69 |
| NM-269622 | 1543.7 | May 19, 2026 | $876,900 | 568 | 1,141 | 68 |
| NM-656391 | 148.6 | Sep 22, 2024 | $170,600 | 1,148 | 895 | 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.