Comparable sales & offer analysis
Parcel NM-784978
Socorro County, NM · 53.40 ac · Agricultural · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$61,400
Adjusted value
$70,024
Value range
$61,357–$78,691
Comp $/acre
$1,311/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.3% versus the adjusted value.
Offer position
Max allowable offer
$40,014
Offer $/acre
$749/ac
Projected profit
$21,007
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-495018 | 55.0 | Jul 27, 2026 | $59,300 | 1,078 | 1,093 | 89 |
| NM-595162 | 61.0 | Jul 27, 2026 | $57,100 | 937 | 1,393 | 81 |
| NM-654611 | 40.9 | Mar 21, 2025 | $73,300 | 1,790 | 1,609 | 72 |
| NM-104852 | 48.7 | Mar 18, 2025 | $52,500 | 1,076 | 1,181 | 69 |
| NM-164082 | 27.9 | Nov 5, 2025 | $40,500 | 1,451 | 1,406 | 68 |
| NM-204529 | 38.6 | Dec 3, 2024 | $48,200 | 1,250 | 1,124 | 66 |
| NM-906278 | 136.9 | Mar 18, 2026 | $114,800 | 839 | 1,322 | 62 |
| NM-433992 | 26.1 | Jun 22, 2025 | $31,900 | 1,220 | 1,184 | 59 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,446 | 58 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,413 | 52 |
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.