Comparable sales & offer analysis
Parcel NM-268589
Socorro County, NM · 730 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$341,800
Adjusted value
$397,994
Value range
$306,382–$489,607
Comp $/acre
$545/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.1% versus the adjusted value.
Offer position
Max allowable offer
$227,425
Offer $/acre
$311/ac
Projected profit
$119,398
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-389218 | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 585 | 80 |
| NM-619433 | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 587 | 80 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 400 | 75 |
| NM-919810 | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 560 | 72 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 719 | 71 |
| NM-409702 | 1635.8 | Jul 27, 2026 | $681,800 | 417 | 543 | 68 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 738 | 64 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 379 | 63 |
| NM-287190 | 265.1 | Mar 15, 2025 | $124,200 | 469 | 371 | 62 |
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.