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Comparable sales & offer analysis

Parcel NM-433992

Socorro County, NM · 26.14 ac · Residential · Paved · Off grid

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$34,500
Adjusted value
$36,162
Value range
$30,921–$41,402
Comp $/acre
$1,383/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.6% versus the adjusted value.

Offer position

Max allowable offer
$20,664
Offer $/acre
$791/ac
Projected profit
$10,849
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-16408227.9Nov 5, 2025$40,5001,4511,51877
NM-65320214.8Nov 20, 2025$21,8001,4801,20676
NM-59516261.0Jul 27, 2026$57,1009371,50370
NM-22350818.4Apr 7, 2025$16,4008921,56169
NM-49501855.0Jul 27, 2026$59,3001,0781,17968
NM-20452938.6Dec 3, 2024$48,2001,2501,21368
NM-65461140.9Mar 21, 2025$73,3001,7901,73668
NM-95339316.9Jul 27, 2024$17,1001,0081,52564
NM-10485248.7Mar 18, 2025$52,5001,0761,27463
NM-78497853.4Dec 4, 2025$52,2009771,09262
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.