Comparable sales & offer analysis
Parcel NM-489036
Union County, NM · 1,010 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$368,000
Adjusted value
$318,323
Value range
$272,298–$364,349
Comp $/acre
$315/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.6% versus the adjusted value.
Offer position
Max allowable offer
$181,899
Offer $/acre
$180/ac
Projected profit
$95,497
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-259299 | 1221.7 | Jul 27, 2026 | $520,200 | 426 | 262 | 78 |
| NM-558442 | 656.6 | Apr 30, 2026 | $365,600 | 557 | 390 | 77 |
| NM-697995 | 475.0 | Jul 27, 2026 | $286,700 | 604 | 323 | 75 |
| NM-137453 | 320.8 | Jun 22, 2026 | $246,500 | 769 | 315 | 67 |
| NM-197507 | 333.6 | Aug 21, 2025 | $157,900 | 474 | 279 | 59 |
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.