Comparable sales & offer analysis
Parcel NM-222806
Socorro County, NM · 11.07 ac · Residential · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,400
Adjusted value
$16,601
Value range
$14,950–$18,251
Comp $/acre
$1,500/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -13.3% versus the adjusted value.
Offer position
Max allowable offer
$9,486
Offer $/acre
$857/ac
Projected profit
$4,980
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 | 1,494 | 79 |
| NM-653202 | 14.8 | Nov 20, 2025 | $21,800 | 1,480 | 1,336 | 73 |
| NM-164082 | 27.9 | Nov 5, 2025 | $40,500 | 1,451 | 1,681 | 71 |
| NM-292953 | 12.3 | May 22, 2025 | $17,200 | 1,399 | 1,423 | 67 |
| NM-223508 | 18.4 | Apr 7, 2025 | $16,400 | 892 | 1,729 | 65 |
| NM-891981 | 6.1 | Sep 17, 2025 | $11,900 | 1,962 | 1,365 | 64 |
| NM-953393 | 16.9 | Jul 27, 2024 | $17,100 | 1,008 | 1,689 | 63 |
| NM-433992 | 26.1 | Jun 22, 2025 | $31,900 | 1,220 | 1,416 | 61 |
| NM-204529 | 38.6 | Dec 3, 2024 | $48,200 | 1,250 | 1,344 | 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.