Comparable sales & offer analysis
Parcel NM-891981
Socorro County, NM · 6.09 ac · Unzoned · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$11,500
Adjusted value
$13,417
Value range
$11,691–$15,143
Comp $/acre
$2,203/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.3% versus the adjusted value.
Offer position
Max allowable offer
$7,667
Offer $/acre
$1,259/ac
Projected profit
$4,025
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-802082 | 6.5 | Jul 27, 2026 | $10,100 | 1,539 | 2,229 | 80 |
| NM-180997 | 3.0 | Jul 6, 2026 | $4,700 | 1,570 | 2,596 | 76 |
| NM-850848 | 2.7 | Jul 27, 2026 | $2,000 | 760 | 1,837 | 71 |
| NM-380449 | 2.0 | Oct 5, 2025 | $3,100 | 1,563 | 1,839 | 71 |
| NM-653202 | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 1,994 | 67 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 2,581 | 62 |
| NM-292953 | 12.3 | May 22, 2025 | $17,200 | 1,399 | 2,124 | 62 |
| NM-222806 | 11.1 | Nov 11, 2024 | $14,900 | 1,342 | 2,163 | 61 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 2,522 | 56 |
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.