Comparable sales & offer analysis
Parcel NM-450421
Union County, NM · 1.97 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$2,600
Adjusted value
$2,663
Value range
$2,271–$3,054
Comp $/acre
$1,352/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.3% versus the adjusted value.
Offer position
Max allowable offer
$1,521
Offer $/acre
$772/ac
Projected profit
$799
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-820096 | 1.6 | Dec 27, 2023 | $3,000 | 1,906 | 1,544 | 73 |
| NM-731706 | 5.0 | Jul 27, 2026 | $9,700 | 1,938 | 1,021 | 72 |
| NM-132005 | 6.2 | Jul 27, 2026 | $12,500 | 2,013 | 1,265 | 65 |
| NM-202857 | 11.5 | Mar 10, 2026 | $17,600 | 1,535 | 1,469 | 64 |
| NM-292771 | 10.8 | Nov 7, 2024 | $27,200 | 2,517 | 1,492 | 56 |
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.