Comparable sales & offer analysis
Parcel NM-953712
Chaves County, NM · 21.34 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$22,100
Adjusted value
$27,267
Value range
$23,198–$31,337
Comp $/acre
$1,278/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.0% versus the adjusted value.
Offer position
Max allowable offer
$15,581
Offer $/acre
$730/ac
Projected profit
$8,180
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-953987 | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 1,222 | 84 |
| NM-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 1,033 | 76 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,472 | 73 |
| NM-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,321 | 66 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,478 | 63 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,461 | 63 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 980 | 59 |
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.