Comparable sales & offer analysis
Parcel NM-293137
Torrance County, NM · 14.07 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$28,700
Adjusted value
$29,953
Value range
$24,556–$35,350
Comp $/acre
$2,129/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -4.2% versus the adjusted value.
Offer position
Max allowable offer
$17,116
Offer $/acre
$1,216/ac
Projected profit
$8,986
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-842898 | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 2,570 | 75 |
| NM-452211 | 7.2 | Jun 14, 2026 | $17,400 | 2,419 | 1,995 | 73 |
| NM-561421 | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 2,432 | 71 |
| NM-693955 | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 2,580 | 70 |
| NM-794435 | 36.0 | May 22, 2026 | $96,900 | 2,689 | 2,265 | 68 |
| NM-444189 | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 2,149 | 67 |
| NM-272034 | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 1,931 | 66 |
| NM-694783 | 46.4 | Aug 18, 2025 | $41,700 | 900 | 1,322 | 62 |
| NM-364339 | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 2,255 | 61 |
| NM-511820 | 5.4 | May 23, 2025 | $12,400 | 2,291 | 1,592 | 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.