Comparable sales & offer analysis
Parcel NM-953987
Chaves County, NM · 26.05 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$33,700
Adjusted value
$31,563
Value range
$26,156–$36,969
Comp $/acre
$1,212/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.8% versus the adjusted value.
Offer position
Max allowable offer
$18,036
Offer $/acre
$692/ac
Projected profit
$9,469
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-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,285 | 77 |
| NM-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 1,004 | 76 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,431 | 74 |
| NM-953712 | 21.3 | Nov 10, 2024 | $20,000 | 936 | 983 | 73 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,437 | 59 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,420 | 59 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 953 | 58 |
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.