Comparable sales & offer analysis
Parcel NM-202857
Union County, NM · 11.49 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,700
Adjusted value
$14,966
Value range
$12,939–$16,993
Comp $/acre
$1,303/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +24.9% versus the adjusted value.
Offer position
Max allowable offer
$8,552
Offer $/acre
$744/ac
Projected profit
$4,490
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-132005 | 6.2 | Jul 27, 2026 | $12,500 | 2,013 | 1,353 | 72 |
| NM-731706 | 5.0 | Jul 27, 2026 | $9,700 | 1,938 | 1,092 | 72 |
| NM-633480 | 18.0 | Aug 27, 2025 | $20,700 | 1,145 | 1,287 | 71 |
| NM-292771 | 10.8 | Nov 7, 2024 | $27,200 | 2,517 | 1,596 | 70 |
| NM-914496 | 37.7 | Apr 12, 2024 | $48,500 | 1,288 | 1,158 | 55 |
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.