Comparable sales & offer analysis
Parcel NM-495018
Socorro County, NM · 54.97 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$55,800
Adjusted value
$70,767
Value range
$61,201–$80,334
Comp $/acre
$1,287/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.2% versus the adjusted value.
Offer position
Max allowable offer
$40,439
Offer $/acre
$736/ac
Projected profit
$21,230
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-595162 | 61.0 | Jul 27, 2026 | $57,100 | 937 | 1,377 | 86 |
| NM-784978 | 53.4 | Dec 4, 2025 | $52,200 | 977 | 1,000 | 84 |
| NM-104852 | 48.7 | Mar 18, 2025 | $52,500 | 1,076 | 1,167 | 73 |
| NM-654611 | 40.9 | Mar 21, 2025 | $73,300 | 1,790 | 1,591 | 70 |
| NM-164082 | 27.9 | Nov 5, 2025 | $40,500 | 1,451 | 1,390 | 65 |
| NM-204529 | 38.6 | Dec 3, 2024 | $48,200 | 1,250 | 1,112 | 65 |
| NM-906278 | 136.9 | Mar 18, 2026 | $114,800 | 839 | 1,307 | 63 |
| NM-433992 | 26.1 | Jun 22, 2025 | $31,900 | 1,220 | 1,171 | 60 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,430 | 59 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,397 | 54 |
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.