Comparable sales & offer analysis
Parcel NM-287190
Socorro County, NM · 265 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$143,100
Adjusted value
$190,370
Value range
$141,242–$239,499
Comp $/acre
$718/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.8% versus the adjusted value.
Offer position
Max allowable offer
$108,783
Offer $/acre
$410/ac
Projected profit
$57,111
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 | 711 | 78 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 535 | 75 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 508 | 72 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 988 | 68 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 674 | 62 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 962 | 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.