Comparable sales & offer analysis
Parcel NM-142403
Catron County, NM · 8.27 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$9,300
Adjusted value
$7,632
Value range
$6,600–$8,665
Comp $/acre
$923/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.9% versus the adjusted value.
Offer position
Max allowable offer
$4,361
Offer $/acre
$527/ac
Projected profit
$2,290
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-182892 | 11.8 | Jul 10, 2026 | $15,600 | 1,320 | 988 | 73 |
| NM-930309 | 1.8 | Jul 27, 2026 | $2,000 | 1,083 | 1,029 | 69 |
| NM-992128 | 6.8 | Aug 5, 2024 | $5,200 | 767 | 960 | 66 |
| NM-311098 | 3.2 | Apr 1, 2026 | $4,200 | 1,299 | 1,027 | 66 |
| NM-150307 | 1.8 | Feb 22, 2026 | $1,500 | 856 | 818 | 60 |
| NM-244179 | 29.9 | Apr 15, 2025 | $19,200 | 640 | 981 | 59 |
| NM-773927 | 24.9 | Apr 22, 2025 | $16,700 | 671 | 929 | 56 |
| NM-464360 | 34.1 | Dec 22, 2025 | $16,900 | 496 | 597 | 56 |
| NM-944753 | 45.4 | Oct 15, 2024 | $42,500 | 938 | 908 | 52 |
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.