Comparable sales & offer analysis
Parcel NM-699329
Catron County, NM · 1,249 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$354,300
Adjusted value
$324,105
Value range
$269,755–$378,455
Comp $/acre
$260/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.3% versus the adjusted value.
Offer position
Max allowable offer
$185,203
Offer $/acre
$148/ac
Projected profit
$97,232
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-779361 | 1277.8 | Jul 25, 2025 | $373,400 | 292 | 309 | 77 |
| NM-578891 | 909.1 | Jul 27, 2026 | $590,200 | 649 | 301 | 75 |
| NM-468537 | 703.4 | Nov 9, 2025 | $268,500 | 382 | 282 | 72 |
| NM-738638 | 756.8 | Mar 11, 2026 | $190,800 | 252 | 190 | 69 |
| NM-268698 | 790.4 | Jan 29, 2026 | $269,800 | 341 | 223 | 66 |
| NM-748097 | 511.4 | Jun 22, 2026 | $228,500 | 447 | 239 | 65 |
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.