Comparable sales & offer analysis
Parcel NM-477152
Torrance County, NM · 258 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$297,700
Adjusted value
$280,611
Value range
$242,695–$318,526
Comp $/acre
$1,088/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.1% versus the adjusted value.
Offer position
Max allowable offer
$160,349
Offer $/acre
$622/ac
Projected profit
$84,183
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 | 1,208 | 75 |
| NM-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 1,276 | 73 |
| NM-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 920 | 71 |
| NM-976335 | 142.7 | Feb 4, 2025 | $143,000 | 1,002 | 1,058 | 63 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 918 | 52 |
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.