Comparable sales & offer analysis
Parcel NM-380449
Socorro County, NM · 2.01 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,400
Adjusted value
$4,032
Value range
$3,484–$4,579
Comp $/acre
$2,006/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.7% versus the adjusted value.
Offer position
Max allowable offer
$2,304
Offer $/acre
$1,146/ac
Projected profit
$1,209
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-180997 | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 2,299 | 81 |
| NM-850848 | 2.7 | Jul 27, 2026 | $2,000 | 760 | 1,627 | 76 |
| NM-100127 | 1.6 | Sep 22, 2025 | $3,400 | 2,142 | 2,301 | 72 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,804 | 70 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 1,974 | 65 |
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.