Comparable sales & offer analysis
Parcel NM-268698
Catron County, NM · 790 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$272,500
Adjusted value
$327,399
Value range
$275,064–$379,734
Comp $/acre
$414/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.8% versus the adjusted value.
Offer position
Max allowable offer
$187,085
Offer $/acre
$237/ac
Projected profit
$98,220
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-738638 | 756.8 | Mar 11, 2026 | $190,800 | 252 | 300 | 83 |
| NM-578891 | 909.1 | Jul 27, 2026 | $590,200 | 649 | 475 | 80 |
| NM-748097 | 511.4 | Jun 22, 2026 | $228,500 | 447 | 377 | 77 |
| NM-468537 | 703.4 | Nov 9, 2025 | $268,500 | 382 | 444 | 71 |
| NM-779361 | 1277.8 | Jul 25, 2025 | $373,400 | 292 | 487 | 67 |
| NM-699329 | 1248.5 | Jul 23, 2024 | $306,800 | 246 | 423 | 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.