Comparable sales & offer analysis
Parcel NM-988345
Mora County, NM · 612 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$655,500
Adjusted value
$686,224
Value range
$510,618–$861,831
Comp $/acre
$1,121/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.5% versus the adjusted value.
Offer position
Max allowable offer
$392,128
Offer $/acre
$641/ac
Projected profit
$205,867
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-158698 | 790.4 | Mar 11, 2026 | $683,000 | 864 | 1,126 | 79 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 809 | 74 |
| NM-218803 | 852.9 | Jul 27, 2026 | $428,800 | 503 | 631 | 73 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,493 | 73 |
| NM-169142 | 1090.3 | Jul 27, 2026 | $1,221,800 | 1,121 | 1,305 | 73 |
| NM-658923 | 930.4 | Jul 27, 2026 | $774,000 | 832 | 1,125 | 72 |
| NM-269622 | 1543.7 | May 19, 2026 | $876,900 | 568 | 1,055 | 70 |
| NM-539038 | 1011.2 | Jul 27, 2026 | $858,900 | 849 | 966 | 70 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 1,652 | 69 |
| NM-579841 | 1809.1 | Sep 16, 2025 | $966,700 | 534 | 1,072 | 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.