Comparable sales & offer analysis
Parcel NM-679264
Torrance County, NM · 1,191 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$725,100
Adjusted value
$611,226
Value range
$513,124–$709,327
Comp $/acre
$513/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.
Offer position
Max allowable offer
$349,272
Offer $/acre
$293/ac
Projected profit
$183,368
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-939993 | 2019.7 | Jul 27, 2026 | $825,700 | 409 | 411 | 79 |
| NM-348934 | 937.8 | Jan 4, 2025 | $516,800 | 551 | 464 | 74 |
| NM-599753 | 1697.4 | Jul 28, 2025 | $1,268,000 | 747 | 637 | 65 |
| NM-868813 | 859.1 | Sep 14, 2024 | $292,600 | 341 | 421 | 62 |
| NM-557472 | 325.2 | Nov 15, 2025 | $304,600 | 937 | 553 | 62 |
| NM-607303 | 287.7 | Dec 20, 2024 | $284,500 | 989 | 584 | 58 |
| NM-477152 | 257.9 | Jul 14, 2025 | $303,100 | 1,175 | 566 | 53 |
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.