Comparable sales & offer analysis
Parcel NM-666153
Torrance County, NM · 125 ac · Recreational · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$126,500
Adjusted value
$147,865
Value range
$124,611–$171,119
Comp $/acre
$1,182/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.4% versus the adjusted value.
Offer position
Max allowable offer
$84,494
Offer $/acre
$676/ac
Projected profit
$44,360
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-976335 | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 1,065 | 71 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 1,243 | 65 |
| NM-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 1,215 | 63 |
| NM-794435 | 36.0 | May 22, 2026 | $96,900 | 2,689 | 1,453 | 61 |
| NM-694783 | 46.4 | Aug 18, 2025 | $41,700 | 900 | 848 | 60 |
| NM-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 1,283 | 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.