Comparable sales & offer analysis
Parcel NM-207581
Chaves County, NM · 352 ac · Residential · Gravel · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$321,700
Adjusted value
$312,477
Value range
$262,337–$362,617
Comp $/acre
$888/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.0% versus the adjusted value.
Offer position
Max allowable offer
$178,558
Offer $/acre
$507/ac
Projected profit
$93,743
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-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 970 | 80 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 655 | 75 |
| NM-266151 | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 1,035 | 74 |
| NM-837020 | 234.4 | Jan 17, 2025 | $196,400 | 838 | 966 | 69 |
| NM-498922 | 929.7 | Jul 27, 2026 | $672,900 | 724 | 1,007 | 69 |
| NM-878870 | 895.3 | Jun 30, 2026 | $475,100 | 531 | 861 | 68 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 704 | 66 |
| NM-286663 | 181.0 | Jan 17, 2025 | $107,900 | 596 | 746 | 64 |
| NM-596357 | 145.0 | Jul 11, 2024 | $122,100 | 842 | 830 | 64 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 1,093 | 64 |
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.