Comparable sales & offer analysis
Parcel NM-988345
Mora County, NM · 612 ac · Residential · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$655,500
Adjusted value
$682,345
Value range
$507,762–$856,928
Comp $/acre
$1,115/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.9% versus the adjusted value.
Offer position
Max allowable offer
$389,911
Offer $/acre
$637/ac
Projected profit
$204,703
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 | 1,119 | 81 |
| NM-937986 | 471.9 | Jan 4, 2026 | $400,500 | 849 | 804 | 75 |
| NM-218803 | 852.9 | Jul 27, 2026 | $428,800 | 503 | 627 | 75 |
| NM-247472 | 325.2 | Jul 27, 2026 | $360,600 | 1,109 | 1,485 | 74 |
| NM-169142 | 1090.3 | Jul 27, 2026 | $1,221,800 | 1,121 | 1,298 | 74 |
| NM-658923 | 930.4 | Jul 27, 2026 | $774,000 | 832 | 1,119 | 74 |
| NM-269622 | 1543.7 | May 19, 2026 | $876,900 | 568 | 1,049 | 71 |
| NM-539038 | 1011.2 | Jul 27, 2026 | $858,900 | 849 | 961 | 71 |
| NM-547166 | 260.6 | Jun 20, 2025 | $544,100 | 2,088 | 1,643 | 70 |
| NM-579841 | 1809.1 | Sep 16, 2025 | $966,700 | 534 | 1,066 | 64 |
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.