Comparable sales & offer analysis
Parcel NM-259299
Union County, NM · 1,222 ac · Mixed Use · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$531,900
Adjusted value
$682,349
Value range
$595,321–$769,377
Comp $/acre
$559/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.0% versus the adjusted value.
Offer position
Max allowable offer
$389,914
Offer $/acre
$319/ac
Projected profit
$204,705
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-489036 | 1009.7 | Jun 10, 2026 | $388,200 | 385 | 635 | 75 |
| NM-558442 | 656.6 | Apr 30, 2026 | $365,600 | 557 | 640 | 69 |
| NM-137453 | 320.8 | Jun 22, 2026 | $246,500 | 769 | 516 | 68 |
| NM-697995 | 475.0 | Jul 27, 2026 | $286,700 | 604 | 529 | 67 |
| NM-197507 | 333.6 | Aug 21, 2025 | $157,900 | 474 | 457 | 64 |
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.