Comparable sales & offer analysis
Parcel NM-842898
Torrance County, NM · 11.83 ac · Recreational · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$40,400
Adjusted value
$36,139
Value range
$31,223–$41,056
Comp $/acre
$3,055/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.8% versus the adjusted value.
Offer position
Max allowable offer
$20,651
Offer $/acre
$1,746/ac
Projected profit
$10,842
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-561421 | 4.1 | Jul 27, 2026 | $9,000 | 2,227 | 3,508 | 76 |
| NM-452211 | 7.2 | Jun 14, 2026 | $17,400 | 2,419 | 2,878 | 75 |
| NM-293137 | 14.1 | May 26, 2025 | $24,800 | 1,762 | 2,687 | 74 |
| NM-693955 | 25.4 | Jul 7, 2026 | $40,600 | 1,595 | 3,721 | 66 |
| NM-272034 | 6.3 | Nov 20, 2024 | $20,200 | 3,188 | 2,785 | 64 |
| NM-511820 | 5.4 | May 23, 2025 | $12,400 | 2,291 | 2,297 | 64 |
| NM-794435 | 36.0 | May 22, 2026 | $96,900 | 2,689 | 3,267 | 63 |
| NM-444189 | 30.1 | Aug 21, 2024 | $53,200 | 1,766 | 3,100 | 63 |
| NM-364339 | 33.6 | Jul 12, 2024 | $52,400 | 1,558 | 3,253 | 56 |
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.