Comparable sales & offer analysis
Parcel NM-396805
Union County, NM · 201 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$207,700
Adjusted value
$209,044
Value range
$181,005–$237,082
Comp $/acre
$1,042/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.6% versus the adjusted value.
Offer position
Max allowable offer
$119,453
Offer $/acre
$596/ac
Projected profit
$62,713
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-137453 | 320.8 | Jun 22, 2026 | $246,500 | 769 | 1,046 | 79 |
| NM-697995 | 475.0 | Jul 27, 2026 | $286,700 | 604 | 1,073 | 70 |
| NM-175474 | 76.5 | Jan 16, 2026 | $86,800 | 1,135 | 883 | 68 |
| NM-197507 | 333.6 | Aug 21, 2025 | $157,900 | 474 | 926 | 65 |
| NM-558442 | 656.6 | Apr 30, 2026 | $365,600 | 557 | 1,297 | 63 |
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.