Comparable sales & offer analysis
Parcel NM-906278
Socorro County, NM · 137 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$112,700
Adjusted value
$106,375
Value range
$80,254–$132,496
Comp $/acre
$777/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.9% versus the adjusted value.
Offer position
Max allowable offer
$60,786
Offer $/acre
$444/ac
Projected profit
$31,913
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-595162 | 61.0 | Jul 27, 2026 | $57,100 | 937 | 899 | 75 |
| NM-287190 | 265.1 | Mar 15, 2025 | $124,200 | 469 | 596 | 72 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 642 | 69 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 609 | 68 |
| NM-495018 | 55.0 | Jul 27, 2026 | $59,300 | 1,078 | 705 | 66 |
| NM-104852 | 48.7 | Mar 18, 2025 | $52,500 | 1,076 | 762 | 63 |
| NM-784978 | 53.4 | Dec 4, 2025 | $52,200 | 977 | 653 | 60 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 1,185 | 59 |
| NM-654611 | 40.9 | Mar 21, 2025 | $73,300 | 1,790 | 1,038 | 53 |
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.