Comparable sales & offer analysis
Parcel NM-511820
Torrance County, NM · 5.42 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$12,800
Adjusted value
$17,786
Value range
$15,479–$20,093
Comp $/acre
$3,282/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.0% versus the adjusted value.
Offer position
Max allowable offer
$10,164
Offer $/acre
$1,875/ac
Projected profit
$5,336
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-452211 | 7.2 | Jun 14, 2026 | $17,400 | 2,419 | 3,036 | 83 |
| NM-561421 | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 3,700 | 74 |
| NM-272034 | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 2,937 | 72 |
| NM-842898 | 11.8 | Aug 14, 2025 | $41,900 | 3,538 | 3,910 | 65 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 2,834 | 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.