Comparable sales & offer analysis
Parcel NM-223508
Socorro County, NM · 18.41 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$16,200
Adjusted value
$15,020
Value range
$13,598–$16,442
Comp $/acre
$816/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +7.9% versus the adjusted value.
Offer position
Max allowable offer
$8,583
Offer $/acre
$466/ac
Projected profit
$4,506
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-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 926 | 78 |
| NM-653202 | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 733 | 73 |
| NM-595162 | 61.0 | Jul 27, 2026 | $57,100 | 937 | 914 | 72 |
| NM-164082 | 27.9 | Nov 5, 2025 | $40,500 | 1,451 | 922 | 70 |
| NM-433992 | 26.1 | Jun 22, 2025 | $31,900 | 1,220 | 777 | 69 |
| NM-495018 | 55.0 | Jul 27, 2026 | $59,300 | 1,078 | 717 | 67 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 819 | 66 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 749 | 64 |
| NM-292953 | 12.3 | May 22, 2025 | $17,200 | 1,399 | 781 | 64 |
| NM-222806 | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 795 | 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.