Comparable sales & offer analysis
Parcel NM-850848
Socorro County, NM · 2.68 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,000
Adjusted value
$2,529
Value range
$2,194–$2,865
Comp $/acre
$944/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.9% versus the adjusted value.
Offer position
Max allowable offer
$1,445
Offer $/acre
$539/ac
Projected profit
$759
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-180997 | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 1,076 | 83 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 924 | 75 |
| NM-100127 | 1.6 | Sep 22, 2025 | $3,400 | 2,142 | 1,077 | 73 |
| NM-380449 | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 762 | 71 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 844 | 64 |
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.