Comparable sales & offer analysis
Parcel NM-746016
Catron County, NM · 113 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$62,100
Adjusted value
$78,243
Value range
$61,098–$95,389
Comp $/acre
$691/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.6% versus the adjusted value.
Offer position
Max allowable offer
$44,711
Offer $/acre
$395/ac
Projected profit
$23,473
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-136202 | 129.6 | Jul 27, 2026 | $91,800 | 708 | 735 | 84 |
| NM-956017 | 113.3 | Aug 23, 2024 | $77,800 | 687 | 735 | 73 |
| NM-236737 | 190.9 | Jan 2, 2026 | $96,200 | 504 | 873 | 73 |
| NM-716486 | 159.2 | Mar 5, 2025 | $124,300 | 781 | 767 | 67 |
| NM-464360 | 34.1 | Dec 22, 2025 | $16,900 | 496 | 389 | 65 |
| NM-944753 | 45.4 | Oct 15, 2024 | $42,500 | 938 | 592 | 57 |
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.