Comparable sales & offer analysis
Parcel NM-389218
Socorro County, NM · 1,152 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$559,100
Adjusted value
$524,385
Value range
$424,656–$624,114
Comp $/acre
$455/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.6% versus the adjusted value.
Offer position
Max allowable offer
$299,649
Offer $/acre
$260/ac
Projected profit
$157,315
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-619433 | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 504 | 84 |
| NM-409702 | 1635.8 | Jul 27, 2026 | $681,800 | 417 | 466 | 83 |
| NM-919810 | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 480 | 76 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 432 | 70 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 343 | 69 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 617 | 62 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 326 | 58 |
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.