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Comparable sales & offer analysis

Parcel NM-100127

Socorro County, NM · 1.59 ac · Recreational · Paved · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$3,300
Adjusted value
$2,861
Value range
$2,470–$3,251
Comp $/acre
$1,799/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.4% versus the adjusted value.

Offer position

Max allowable offer
$1,635
Offer $/acre
$1,028/ac
Projected profit
$858
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-8508482.7Jul 27, 2026$2,0007601,57180
NM-3804492.0Oct 5, 2025$3,1001,5631,57373
NM-8020826.5Jul 27, 2026$10,1001,5391,90773
NM-1809973.0Jul 6, 2026$4,7001,5702,22072
NM-8919816.1Sep 17, 2025$11,9001,9621,74262
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.