Comparable sales & offer analysis
Parcel NM-779361
Catron County, NM · 1,278 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$371,200
Adjusted value
$316,634
Value range
$268,762–$364,505
Comp $/acre
$248/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +17.2% versus the adjusted value.
Offer position
Max allowable offer
$180,934
Offer $/acre
$142/ac
Projected profit
$94,990
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-578891 | 909.1 | Jul 27, 2026 | $590,200 | 649 | 297 | 79 |
| NM-699329 | 1248.5 | Jul 23, 2024 | $306,800 | 246 | 265 | 74 |
| NM-738638 | 756.8 | Mar 11, 2026 | $190,800 | 252 | 188 | 74 |
| NM-268698 | 790.4 | Jan 29, 2026 | $269,800 | 341 | 220 | 71 |
| NM-748097 | 511.4 | Jun 22, 2026 | $228,500 | 447 | 236 | 68 |
| NM-468537 | 703.4 | Nov 9, 2025 | $268,500 | 382 | 278 | 68 |
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.