Comparable sales & offer analysis
Parcel NM-914496
Union County, NM · 37.66 ac · Unzoned · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$53,400
Adjusted value
$63,413
Value range
$54,578–$72,248
Comp $/acre
$1,684/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.8% versus the adjusted value.
Offer position
Max allowable offer
$36,236
Offer $/acre
$962/ac
Projected profit
$19,024
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-175474 | 76.5 | Jan 16, 2026 | $86,800 | 1,135 | 1,345 | 75 |
| NM-202857 | 11.5 | Mar 10, 2026 | $17,600 | 1,535 | 1,918 | 65 |
| NM-633480 | 18.0 | Aug 27, 2025 | $20,700 | 1,145 | 1,571 | 65 |
| NM-292771 | 10.8 | Nov 7, 2024 | $27,200 | 2,517 | 1,949 | 63 |
| NM-396805 | 200.6 | Nov 3, 2024 | $207,500 | 1,034 | 1,702 | 50 |
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.