Comparable sales & offer analysis
Parcel NM-718421
Chaves County, NM · 647 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$297,900
Adjusted value
$351,928
Value range
$300,409–$403,446
Comp $/acre
$544/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$201,101
Offer $/acre
$311/ac
Projected profit
$105,578
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-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 385 | 85 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 569 | 82 |
| NM-498922 | 929.7 | Jul 27, 2026 | $672,900 | 724 | 591 | 75 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 642 | 75 |
| NM-878870 | 895.3 | Jun 30, 2026 | $475,100 | 531 | 506 | 74 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 576 | 70 |
| NM-837020 | 234.4 | Jan 17, 2025 | $196,400 | 838 | 567 | 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.