Comparable sales & offer analysis
Parcel NM-878870
Chaves County, NM · 895 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$444,400
Adjusted value
$504,508
Value range
$414,801–$594,214
Comp $/acre
$563/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -11.9% versus the adjusted value.
Offer position
Max allowable offer
$288,290
Offer $/acre
$322/ac
Projected profit
$151,352
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-498922 | 929.7 | Jul 27, 2026 | $672,900 | 724 | 624 | 89 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 677 | 77 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 406 | 72 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 601 | 68 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 436 | 64 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 607 | 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.