Comparable sales & offer analysis
Parcel NM-633480
Union County, NM · 18.04 ac · Agricultural · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,500
Adjusted value
$22,140
Value range
$18,582–$25,697
Comp $/acre
$1,227/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$12,651
Offer $/acre
$701/ac
Projected profit
$6,642
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-202857 | 11.5 | Mar 10, 2026 | $17,600 | 1,535 | 1,463 | 74 |
| NM-731706 | 5.0 | Jul 27, 2026 | $9,700 | 1,938 | 1,017 | 68 |
| NM-132005 | 6.2 | Jul 27, 2026 | $12,500 | 2,013 | 1,260 | 67 |
| NM-175474 | 76.5 | Jan 16, 2026 | $86,800 | 1,135 | 1,026 | 66 |
| NM-292771 | 10.8 | Nov 7, 2024 | $27,200 | 2,517 | 1,487 | 64 |
| NM-914496 | 37.7 | Apr 12, 2024 | $48,500 | 1,288 | 1,079 | 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.