Comparable sales & offer analysis
Parcel NM-409702
Socorro County, NM · 1,636 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$741,900
Adjusted value
$745,647
Value range
$663,949–$827,345
Comp $/acre
$456/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.5% versus the adjusted value.
Offer position
Max allowable offer
$426,084
Offer $/acre
$260/ac
Projected profit
$223,694
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-619433 | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 454 | 83 |
| NM-389218 | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 452 | 81 |
| NM-919810 | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 433 | 81 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 556 | 61 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 390 | 58 |
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.