Comparable sales & offer analysis
Parcel NM-702925
Chaves County, NM · 12.07 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$19,600
Adjusted value
$14,785
Value range
$12,387–$17,184
Comp $/acre
$1,225/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +32.6% versus the adjusted value.
Offer position
Max allowable offer
$8,449
Offer $/acre
$700/ac
Projected profit
$4,436
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-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 1,068 | 75 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,512 | 75 |
| NM-953987 | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 1,264 | 72 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 1,014 | 71 |
| NM-953712 | 21.3 | Nov 10, 2024 | $20,000 | 936 | 1,046 | 65 |
| NM-281508 | 4.3 | Oct 12, 2025 | $9,000 | 2,079 | 1,162 | 62 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,523 | 61 |
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.