Comparable sales & offer analysis
Parcel NM-738638
Catron County, NM · 757 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$224,500
Adjusted value
$276,950
Value range
$244,125–$309,775
Comp $/acre
$366/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -18.9% versus the adjusted value.
Offer position
Max allowable offer
$158,257
Offer $/acre
$209/ac
Projected profit
$83,085
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-268698 | 790.4 | Jan 29, 2026 | $269,800 | 341 | 302 | 82 |
| NM-578891 | 909.1 | Jul 27, 2026 | $590,200 | 649 | 409 | 82 |
| NM-748097 | 511.4 | Jun 22, 2026 | $228,500 | 447 | 325 | 75 |
| NM-468537 | 703.4 | Nov 9, 2025 | $268,500 | 382 | 383 | 72 |
| NM-779361 | 1277.8 | Jul 25, 2025 | $373,400 | 292 | 420 | 69 |
| NM-699329 | 1248.5 | Jul 23, 2024 | $306,800 | 246 | 365 | 61 |
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.