Comparable sales & offer analysis
Parcel NM-794435
Torrance County, NM · 36.03 ac · Unzoned · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$92,800
Adjusted value
$88,258
Value range
$67,880–$108,636
Comp $/acre
$2,450/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.1% versus the adjusted value.
Offer position
Max allowable offer
$50,433
Offer $/acre
$1,400/ac
Projected profit
$26,477
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-364339 | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 2,718 | 77 |
| NM-693955 | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 3,110 | 76 |
| NM-694783 | 46.4 | Aug 18, 2025 | $41,700 | 900 | 1,594 | 73 |
| NM-444189 | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 2,591 | 65 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 2,246 | 61 |
| NM-666153 | 125.1 | Jun 5, 2026 | $114,700 | 917 | 1,738 | 60 |
| NM-842898 | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 3,098 | 58 |
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.