Comparable sales & offer analysis
Parcel NM-452211
Torrance County, NM · 7.19 ac · Unzoned · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$17,100
Adjusted value
$18,305
Value range
$15,040–$21,570
Comp $/acre
$2,546/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.6% versus the adjusted value.
Offer position
Max allowable offer
$10,460
Offer $/acre
$1,455/ac
Projected profit
$5,492
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-511820 | 5.4 | May 23, 2025 | $12,400 | 2,291 | 1,955 | 76 |
| NM-561421 | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 2,986 | 73 |
| NM-272034 | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 2,370 | 69 |
| NM-842898 | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 3,155 | 69 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 2,287 | 66 |
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.