Comparable sales & offer analysis
Parcel NM-976335
Torrance County, NM · 143 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$146,800
Adjusted value
$156,795
Value range
$131,133–$182,458
Comp $/acre
$1,099/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.4% versus the adjusted value.
Offer position
Max allowable offer
$89,597
Offer $/acre
$628/ac
Projected profit
$47,039
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-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 926 | 80 |
| NM-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 1,217 | 73 |
| NM-694783 | 46.4 | Aug 18, 2025 | $41,700 | 900 | 849 | 71 |
| NM-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 1,285 | 70 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 1,244 | 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.