Comparable sales & offer analysis
Parcel NM-557472
Torrance County, NM · 325 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$343,400
Adjusted value
$282,995
Value range
$245,758–$320,233
Comp $/acre
$870/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.3% versus the adjusted value.
Offer position
Max allowable offer
$161,712
Offer $/acre
$497/ac
Projected profit
$84,899
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-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 1,026 | 76 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 993 | 73 |
| NM-976335 | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 851 | 68 |
| NM-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 739 | 66 |
| NM-348934 | 937.8 | Jan 4, 2025 | $516,800 | 551 | 815 | 62 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 738 | 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.