Comparable sales & offer analysis
Parcel NM-100127
Socorro County, NM · 1.59 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,300
Adjusted value
$2,876
Value range
$2,483–$3,268
Comp $/acre
$1,809/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.8% versus the adjusted value.
Offer position
Max allowable offer
$1,643
Offer $/acre
$1,033/ac
Projected profit
$863
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-850848 | 2.7 | Jul 27, 2026 | $2,000 | 760 | 1,580 | 79 |
| NM-380449 | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 1,582 | 72 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 1,918 | 72 |
| NM-180997 | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 2,233 | 71 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,752 | 61 |
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.