Comparable sales & offer analysis
Parcel NM-284457
Otero County, NM · 36.61 ac · Residential · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$62,600
Adjusted value
$43,438
Value range
$35,538–$51,338
Comp $/acre
$1,187/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +44.1% versus the adjusted value.
Offer position
Max allowable offer
$24,822
Offer $/acre
$678/ac
Projected profit
$13,031
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-624465 | 36.8 | Jul 27, 2026 | $22,900 | 621 | 860 | 86 |
| NM-914112 | 28.5 | Dec 11, 2025 | $44,900 | 1,574 | 1,566 | 78 |
| NM-634763 | 45.7 | Jan 25, 2026 | $37,500 | 821 | 1,038 | 77 |
| NM-603270 | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,414 | 73 |
| NM-664932 | 51.6 | Mar 22, 2024 | $61,200 | 1,185 | 1,338 | 73 |
| NM-724577 | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 1,064 | 69 |
| NM-445526 | 79.4 | Feb 29, 2024 | $116,700 | 1,469 | 1,331 | 69 |
| NM-386093 | 119.8 | May 5, 2026 | $108,700 | 908 | 1,200 | 65 |
| NM-563867 | 23.9 | Sep 20, 2024 | $13,400 | 562 | 989 | 63 |
| NM-396182 | 127.7 | Sep 2, 2025 | $72,100 | 565 | 1,068 | 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.