Comparable sales & offer analysis
Parcel NM-693955
Torrance County, NM · 25.45 ac · Residential · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$38,400
Adjusted value
$32,772
Value range
$26,506–$39,038
Comp $/acre
$1,288/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.2% versus the adjusted value.
Offer position
Max allowable offer
$18,727
Offer $/acre
$736/ac
Projected profit
$9,832
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-794435 | 36.0 | May 22, 2026 | $96,900 | 2,689 | 1,414 | 75 |
| NM-694783 | 46.4 | Aug 18, 2025 | $41,700 | 900 | 826 | 70 |
| NM-364339 | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 1,408 | 67 |
| NM-444189 | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 1,342 | 66 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 1,163 | 62 |
| NM-842898 | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 1,605 | 60 |
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.