Comparable sales & offer analysis
Parcel NM-802082
Socorro County, NM · 6.55 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$10,000
Adjusted value
$9,934
Value range
$8,638–$11,229
Comp $/acre
$1,517/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.7% versus the adjusted value.
Offer position
Max allowable offer
$5,676
Offer $/acre
$867/ac
Projected profit
$2,980
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-850848 | 2.7 | Jul 27, 2026 | $2,000 | 760 | 1,278 | 73 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,417 | 72 |
| NM-180997 | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 1,806 | 70 |
| NM-222806 | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 1,504 | 69 |
| NM-292953 | 12.3 | May 22, 2025 | $17,200 | 1,399 | 1,477 | 66 |
| NM-653202 | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 1,387 | 61 |
| NM-380449 | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 1,279 | 59 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,754 | 59 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,795 | 57 |
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.