Comparable sales & offer analysis
Parcel NM-203693
Chaves County, NM · 21.05 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$21,300
Adjusted value
$26,355
Value range
$22,352–$30,358
Comp $/acre
$1,252/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.2% versus the adjusted value.
Offer position
Max allowable offer
$15,060
Offer $/acre
$715/ac
Projected profit
$7,907
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-953987 | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 1,194 | 80 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,439 | 72 |
| NM-953712 | 21.3 | Nov 10, 2024 | $20,000 | 936 | 988 | 70 |
| NM-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 1,292 | 69 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 1,428 | 68 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,445 | 66 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 958 | 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.