Comparable sales & offer analysis
Parcel NM-607303
Torrance County, NM · 288 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$289,100
Adjusted value
$257,355
Value range
$226,887–$287,824
Comp $/acre
$894/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.3% versus the adjusted value.
Offer position
Max allowable offer
$147,060
Offer $/acre
$511/ac
Projected profit
$77,207
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-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 1,007 | 81 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 1,029 | 75 |
| NM-976335 | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 882 | 70 |
| NM-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 766 | 64 |
| NM-348934 | 937.8 | Jan 4, 2025 | $516,800 | 551 | 845 | 58 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 765 | 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.