Comparable sales & offer analysis
Parcel NM-850848
Socorro County, NM · 2.68 ac · Recreational · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,000
Adjusted value
$2,543
Value range
$2,205–$2,881
Comp $/acre
$949/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.4% versus the adjusted value.
Offer position
Max allowable offer
$1,453
Offer $/acre
$542/ac
Projected profit
$763
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 | 1,082 | 82 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 929 | 73 |
| NM-100127 | 1.6 | Sep 22, 2025 | $3,400 | 2,142 | 1,083 | 73 |
| NM-380449 | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 766 | 70 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 849 | 63 |
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.