Comparable sales & offer analysis
Parcel NM-988464
Socorro County, NM · 667 ac · Mixed Use · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$320,300
Adjusted value
$239,563
Value range
$188,941–$290,185
Comp $/acre
$359/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +33.7% versus the adjusted value.
Offer position
Max allowable offer
$136,893
Offer $/acre
$205/ac
Projected profit
$71,869
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-567846 | 426.4 | Apr 17, 2026 | $195,700 | 459 | 278 | 77 |
| NM-619433 | 1346.2 | Jul 27, 2026 | $758,300 | 563 | 408 | 75 |
| NM-167497 | 331.1 | Oct 16, 2025 | $179,700 | 543 | 264 | 74 |
| NM-919810 | 1769.0 | Jun 16, 2026 | $634,600 | 359 | 389 | 73 |
| NM-389218 | 1152.0 | Jul 27, 2026 | $577,000 | 501 | 406 | 73 |
| NM-409702 | 1635.8 | Jul 27, 2026 | $681,800 | 417 | 377 | 72 |
| NM-268589 | 730.4 | Feb 23, 2025 | $346,600 | 474 | 350 | 72 |
| NM-507355 | 298.8 | Dec 12, 2024 | $213,000 | 713 | 513 | 61 |
| NM-287190 | 265.1 | Mar 15, 2025 | $124,200 | 469 | 258 | 59 |
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.