Comparable sales & offer analysis
Parcel NM-878870
Chaves County, NM · 895 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$444,400
Adjusted value
$507,283
Value range
$417,061–$597,505
Comp $/acre
$567/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.4% versus the adjusted value.
Offer position
Max allowable offer
$289,876
Offer $/acre
$324/ac
Projected profit
$152,185
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 | 627 | 88 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 681 | 76 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 408 | 70 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 604 | 67 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 438 | 64 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 611 | 62 |
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.