Comparable sales & offer analysis
Parcel NM-197507
Union County, NM · 334 ac · Recreational · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$189,600
Adjusted value
$206,691
Value range
$187,450–$225,931
Comp $/acre
$620/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -8.3% versus the adjusted value.
Offer position
Max allowable offer
$118,109
Offer $/acre
$354/ac
Projected profit
$62,007
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 | 560 | 83 |
| NM-697995 | 475.0 | Jul 27, 2026 | $286,700 | 604 | 574 | 76 |
| NM-558442 | 656.6 | Apr 30, 2026 | $365,600 | 557 | 695 | 69 |
| NM-489036 | 1009.7 | Jun 10, 2026 | $388,200 | 385 | 690 | 64 |
| NM-396805 | 200.6 | Nov 3, 2024 | $207,500 | 1,034 | 599 | 62 |
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.