Comparable sales & offer analysis
Parcel NM-306549
Chaves County, NM · 167 ac · Mixed Use · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$122,600
Adjusted value
$103,505
Value range
$89,415–$117,594
Comp $/acre
$621/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.4% versus the adjusted value.
Offer position
Max allowable offer
$59,146
Offer $/acre
$355/ac
Projected profit
$31,051
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-945742 | 92.9 | Jul 4, 2026 | $93,500 | 1,006 | 688 | 81 |
| NM-266151 | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 714 | 77 |
| NM-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 684 | 74 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 669 | 71 |
| NM-286663 | 181.0 | Jan 17, 2025 | $107,900 | 596 | 514 | 71 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 452 | 69 |
| NM-326103 | 120.6 | Dec 5, 2024 | $122,300 | 1,014 | 556 | 68 |
| NM-596357 | 145.0 | Jul 11, 2024 | $122,100 | 842 | 572 | 65 |
| NM-837020 | 234.4 | Jan 17, 2025 | $196,400 | 838 | 666 | 65 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 676 | 63 |
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.