Comparable sales & offer analysis
Parcel NM-175474
Union County, NM · 76.48 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$103,500
Adjusted value
$102,407
Value range
$94,214–$110,599
Comp $/acre
$1,339/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.1% versus the adjusted value.
Offer position
Max allowable offer
$58,518
Offer $/acre
$765/ac
Projected profit
$30,722
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-914496 | 37.7 | Apr 12, 2024 | $48,500 | 1,288 | 1,229 | 67 |
| NM-137453 | 320.8 | Jun 22, 2026 | $246,500 | 769 | 1,385 | 64 |
| NM-633480 | 18.0 | Aug 27, 2025 | $20,700 | 1,145 | 1,366 | 63 |
| NM-396805 | 200.6 | Nov 3, 2024 | $207,500 | 1,034 | 1,480 | 62 |
| NM-197507 | 333.6 | Aug 21, 2025 | $157,900 | 474 | 1,226 | 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.