Comparable sales & offer analysis
Parcel NM-567846
Socorro County, NM · 426 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$204,300
Adjusted value
$274,665
Value range
$211,131–$338,198
Comp $/acre
$644/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.6% versus the adjusted value.
Offer position
Max allowable offer
$156,951
Offer $/acre
$368/ac
Projected profit
$82,399
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-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 444 | 74 |
| NM-619433 | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 687 | 71 |
| NM-389218 | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 684 | 71 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 841 | 68 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 590 | 68 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 863 | 67 |
| NM-287190 | 265.1 | Mar 15, 2025 | $124,200 | 469 | 434 | 67 |
| NM-906278 | 136.9 | Mar 18, 2026 | $114,800 | 839 | 622 | 67 |
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.