Comparable sales & offer analysis
Parcel NM-464360
Catron County, NM · 34.13 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$20,200
Adjusted value
$28,301
Value range
$26,037–$30,565
Comp $/acre
$829/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -28.6% versus the adjusted value.
Offer position
Max allowable offer
$16,172
Offer $/acre
$474/ac
Projected profit
$8,490
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-244179 | 29.9 | Apr 15, 2025 | $19,200 | 640 | 837 | 76 |
| NM-944753 | 45.4 | Oct 15, 2024 | $42,500 | 938 | 775 | 71 |
| NM-773927 | 24.9 | Apr 22, 2025 | $16,700 | 671 | 793 | 68 |
| NM-182892 | 11.8 | Jul 10, 2026 | $15,600 | 1,320 | 842 | 64 |
| NM-746016 | 113.3 | Dec 15, 2023 | $61,000 | 538 | 784 | 57 |
| NM-956017 | 113.3 | Aug 23, 2024 | $77,800 | 687 | 962 | 56 |
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.