Comparable sales & offer analysis
Parcel NM-164082
Socorro County, NM · 27.90 ac · Residential · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$42,700
Adjusted value
$36,783
Value range
$31,498–$42,068
Comp $/acre
$1,318/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.1% versus the adjusted value.
Offer position
Max allowable offer
$21,019
Offer $/acre
$753/ac
Projected profit
$11,035
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-433992 | 26.1 | Jun 22, 2025 | $31,900 | 1,220 | 1,262 | 75 |
| NM-654611 | 40.9 | Mar 21, 2025 | $73,300 | 1,790 | 1,714 | 74 |
| NM-495018 | 55.0 | Jul 27, 2026 | $59,300 | 1,078 | 1,164 | 72 |
| NM-653202 | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 1,191 | 71 |
| NM-204529 | 38.6 | Dec 3, 2024 | $48,200 | 1,250 | 1,198 | 70 |
| NM-784978 | 53.4 | Dec 4, 2025 | $52,200 | 977 | 1,078 | 69 |
| NM-104852 | 48.7 | Mar 18, 2025 | $52,500 | 1,076 | 1,258 | 69 |
| NM-595162 | 61.0 | Jul 27, 2026 | $57,100 | 937 | 1,484 | 68 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,541 | 68 |
| NM-222806 | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 1,292 | 66 |
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.