Comparable sales & offer analysis
Parcel NM-599753
Torrance County, NM · 1,697 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,546,300
Adjusted value
$1,011,462
Value range
$858,371–$1,164,553
Comp $/acre
$596/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +52.9% versus the adjusted value.
Offer position
Max allowable offer
$577,978
Offer $/acre
$341/ac
Projected profit
$303,439
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-939993 | 2019.7 | Jul 27, 2026 | $825,700 | 409 | 506 | 79 |
| NM-348934 | 937.8 | Jan 4, 2025 | $516,800 | 551 | 571 | 61 |
| NM-679264 | 1191.1 | Sep 6, 2024 | $655,500 | 550 | 732 | 61 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 518 | 60 |
| NM-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 681 | 59 |
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.