Comparable sales & offer analysis
Parcel NM-386093
Otero County, NM · 120 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$131,100
Adjusted value
$107,495
Value range
$83,441–$131,549
Comp $/acre
$898/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.0% versus the adjusted value.
Offer position
Max allowable offer
$61,426
Offer $/acre
$513/ac
Projected profit
$32,249
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-396182 | 127.7 | Sep 2, 2025 | $72,100 | 565 | 817 | 77 |
| NM-634763 | 45.7 | Jan 25, 2026 | $37,500 | 821 | 794 | 71 |
| NM-624465 | 36.8 | Jul 27, 2026 | $22,900 | 621 | 658 | 66 |
| NM-445526 | 79.4 | Feb 29, 2024 | $116,700 | 1,469 | 1,018 | 64 |
| NM-966438 | 153.8 | Jan 27, 2024 | $102,400 | 666 | 750 | 63 |
| NM-664932 | 51.6 | Mar 22, 2024 | $61,200 | 1,185 | 1,024 | 60 |
| NM-284457 | 36.6 | Mar 7, 2025 | $62,300 | 1,703 | 1,390 | 59 |
| NM-724577 | 39.9 | Jun 15, 2025 | $48,200 | 1,208 | 814 | 57 |
| NM-737793 | 410.3 | May 19, 2024 | $199,300 | 486 | 883 | 54 |
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.