Comparable sales & offer analysis
Parcel NM-694783
Torrance County, NM · 46.36 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$47,900
Adjusted value
$67,823
Value range
$55,693–$79,954
Comp $/acre
$1,463/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.4% versus the adjusted value.
Offer position
Max allowable offer
$38,756
Offer $/acre
$836/ac
Projected profit
$20,347
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 | 1,615 | 78 |
| NM-693955 | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 1,839 | 76 |
| NM-364339 | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 1,608 | 71 |
| NM-976335 | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 1,183 | 67 |
| NM-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 1,028 | 64 |
| NM-444189 | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 1,532 | 64 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 1,328 | 61 |
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.