Comparable sales & offer analysis
Parcel NM-748097
Catron County, NM · 511 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$216,000
Adjusted value
$271,345
Value range
$217,611–$325,078
Comp $/acre
$531/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.4% versus the adjusted value.
Offer position
Max allowable offer
$155,054
Offer $/acre
$303/ac
Projected profit
$81,403
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 | 418 | 75 |
| NM-578891 | 909.1 | Jul 27, 2026 | $590,200 | 649 | 566 | 75 |
| NM-738638 | 756.8 | Mar 11, 2026 | $190,800 | 252 | 357 | 74 |
| NM-468537 | 703.4 | Nov 9, 2025 | $268,500 | 382 | 530 | 69 |
| NM-236737 | 190.9 | Jan 2, 2026 | $96,200 | 504 | 704 | 66 |
| NM-716486 | 159.2 | Mar 5, 2025 | $124,300 | 781 | 619 | 62 |
| NM-779361 | 1277.8 | Jul 25, 2025 | $373,400 | 292 | 581 | 61 |
| NM-699329 | 1248.5 | Jul 23, 2024 | $306,800 | 246 | 505 | 55 |
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.