Comparable sales & offer analysis
Parcel NM-939993
Torrance County, NM · 2,020 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$894,600
Adjusted value
$1,113,348
Value range
$971,305–$1,255,391
Comp $/acre
$551/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.6% versus the adjusted value.
Offer position
Max allowable offer
$636,199
Offer $/acre
$315/ac
Projected profit
$334,004
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-599753 | 1697.4 | Jul 28, 2025 | $1,268,000 | 747 | 638 | 72 |
| NM-679264 | 1191.1 | Sep 6, 2024 | $655,500 | 550 | 596 | 67 |
| NM-348934 | 937.8 | Jan 4, 2025 | $516,800 | 551 | 465 | 63 |
| NM-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 554 | 60 |
| NM-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 585 | 59 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 567 | 57 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 421 | 54 |
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.