Comparable sales & offer analysis
Parcel NM-697995
Union County, NM · 475 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$331,500
Adjusted value
$293,931
Value range
$249,603–$338,258
Comp $/acre
$619/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.8% versus the adjusted value.
Offer position
Max allowable offer
$167,960
Offer $/acre
$354/ac
Projected profit
$88,179
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-558442 | 656.6 | Apr 30, 2026 | $365,600 | 557 | 732 | 79 |
| NM-489036 | 1009.7 | Jun 10, 2026 | $388,200 | 385 | 726 | 74 |
| NM-137453 | 320.8 | Jun 22, 2026 | $246,500 | 769 | 590 | 73 |
| NM-197507 | 333.6 | Aug 21, 2025 | $157,900 | 474 | 522 | 69 |
| NM-259299 | 1221.7 | Jul 27, 2026 | $520,200 | 426 | 491 | 68 |
| NM-396805 | 200.6 | Nov 3, 2024 | $207,500 | 1,034 | 631 | 60 |
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.