Comparable sales & offer analysis
Parcel NM-703814
Chaves County, NM · 22.98 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$25,500
Adjusted value
$23,383
Value range
$19,691–$27,074
Comp $/acre
$1,018/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +9.1% versus the adjusted value.
Offer position
Max allowable offer
$13,362
Offer $/acre
$581/ac
Projected profit
$7,015
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 | 1,034 | 87 |
| NM-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 874 | 80 |
| NM-953712 | 21.3 | Nov 10, 2024 | $20,000 | 936 | 856 | 74 |
| NM-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,119 | 70 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 830 | 66 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,252 | 60 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,237 | 60 |
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.