Comparable sales & offer analysis
Parcel NM-619433
Socorro County, NM · 1,346 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$743,400
Adjusted value
$716,958
Value range
$599,111–$834,804
Comp $/acre
$533/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$409,690
Offer $/acre
$304/ac
Projected profit
$215,087
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-409702 | 1635.8 | Jul 27, 2026 | $681,800 | 417 | 525 | 83 |
| NM-389218 | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 566 | 82 |
| NM-919810 | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 541 | 76 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 487 | 69 |
| NM-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 387 | 69 |
| NM-988464 | 667.2 | Aug 20, 2024 | $305,900 | 458 | 695 | 64 |
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.