Comparable sales & offer analysis
Parcel NM-244179
Catron County, NM · 29.93 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,500
Adjusted value
$19,796
Value range
$16,427–$23,166
Comp $/acre
$661/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.6% versus the adjusted value.
Offer position
Max allowable offer
$11,312
Offer $/acre
$378/ac
Projected profit
$5,939
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-464360 | 34.1 | Dec 22, 2025 | $16,900 | 496 | 414 | 80 |
| NM-944753 | 45.4 | Oct 15, 2024 | $42,500 | 938 | 629 | 74 |
| NM-773927 | 24.9 | Apr 22, 2025 | $16,700 | 671 | 644 | 69 |
| NM-142403 | 8.3 | Jul 27, 2026 | $7,900 | 958 | 669 | 67 |
| NM-182892 | 11.8 | Jul 10, 2026 | $15,600 | 1,320 | 684 | 66 |
| NM-136202 | 129.6 | Jul 27, 2026 | $91,800 | 708 | 781 | 64 |
| NM-956017 | 113.3 | Aug 23, 2024 | $77,800 | 687 | 781 | 59 |
| NM-746016 | 113.3 | Dec 15, 2023 | $61,000 | 538 | 636 | 53 |
| NM-716486 | 159.2 | Mar 5, 2025 | $124,300 | 781 | 815 | 50 |
| NM-992128 | 6.8 | Aug 5, 2024 | $5,200 | 767 | 665 | 49 |
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.