Comparable sales & offer analysis
Parcel NM-287190
Socorro County, NM · 265 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$143,100
Adjusted value
$191,498
Value range
$142,098–$240,899
Comp $/acre
$722/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -25.3% versus the adjusted value.
Offer position
Max allowable offer
$109,428
Offer $/acre
$413/ac
Projected profit
$57,449
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-906278 | 136.9 | Mar 18, 2026 | $114,800 | 839 | 715 | 77 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 538 | 74 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 510 | 71 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 993 | 67 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 678 | 61 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 967 | 57 |
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.