Comparable sales & offer analysis
Parcel NM-820096
Union County, NM · 1.55 ac · Recreational · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,200
Adjusted value
$2,749
Value range
$2,393–$3,106
Comp $/acre
$1,774/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +16.4% versus the adjusted value.
Offer position
Max allowable offer
$1,571
Offer $/acre
$1,014/ac
Projected profit
$825
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-450421 | 2.0 | Jul 27, 2026 | $2,500 | 1,249 | 1,734 | 86 |
| NM-731706 | 5.0 | Jul 27, 2026 | $9,700 | 1,938 | 1,407 | 68 |
| NM-132005 | 6.2 | Jul 27, 2026 | $12,500 | 2,013 | 1,743 | 62 |
| NM-202857 | 11.5 | Mar 10, 2026 | $17,600 | 1,535 | 2,024 | 60 |
| NM-292771 | 10.8 | Nov 7, 2024 | $27,200 | 2,517 | 2,056 | 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.