Comparable sales & offer analysis
Parcel NM-733093
Otero County, NM · 13.63 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$15,100
Adjusted value
$20,590
Value range
$16,102–$25,078
Comp $/acre
$1,511/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.7% versus the adjusted value.
Offer position
Max allowable offer
$11,766
Offer $/acre
$863/ac
Projected profit
$6,177
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-603270 | 15.5 | Jul 27, 2026 | $29,900 | 1,928 | 1,684 | 88 |
| NM-624465 | 36.8 | Jul 27, 2026 | $22,900 | 621 | 1,025 | 73 |
| NM-791526 | 4.4 | Dec 31, 2025 | $8,000 | 1,832 | 1,742 | 69 |
| NM-252058 | 6.4 | Aug 20, 2025 | $9,500 | 1,477 | 1,524 | 67 |
| NM-161714 | 5.0 | Feb 17, 2025 | $5,000 | 1,002 | 1,225 | 63 |
| NM-914112 | 28.5 | Dec 11, 2025 | $44,900 | 1,574 | 1,866 | 63 |
| NM-724577 | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 1,268 | 63 |
| NM-563867 | 23.9 | Sep 20, 2024 | $13,400 | 562 | 1,179 | 62 |
| NM-881440 | 4.1 | Nov 1, 2025 | $6,000 | 1,460 | 1,458 | 60 |
| NM-284457 | 36.6 | Mar 7, 2025 | $62,300 | 1,703 | 2,163 | 58 |
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.