Comparable sales & offer analysis
Parcel NM-653202
Socorro County, NM · 14.75 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$25,500
Adjusted value
$26,258
Value range
$23,223–$29,293
Comp $/acre
$1,780/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$15,005
Offer $/acre
$1,017/ac
Projected profit
$7,877
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 | 1,626 | 73 |
| NM-164082 | 27.9 | Nov 5, 2025 | $40,500 | 1,451 | 1,930 | 70 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,985 | 69 |
| NM-222806 | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 1,664 | 69 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,939 | 68 |
| NM-292953 | 12.3 | May 22, 2025 | $17,200 | 1,399 | 1,634 | 66 |
| NM-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 1,715 | 66 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,567 | 65 |
| NM-204529 | 38.6 | Dec 3, 2024 | $48,200 | 1,250 | 1,543 | 63 |
| NM-654611 | 40.9 | Mar 21, 2025 | $73,300 | 1,790 | 2,208 | 62 |
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.