Comparable sales & offer analysis
Parcel NM-498922
Chaves County, NM · 930 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$643,300
Adjusted value
$592,259
Value range
$487,582–$696,936
Comp $/acre
$637/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +8.6% versus the adjusted value.
Offer position
Max allowable offer
$338,434
Offer $/acre
$364/ac
Projected profit
$177,678
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-878870 | 895.3 | Jun 30, 2026 | $475,100 | 531 | 624 | 87 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 791 | 80 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 475 | 74 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 703 | 68 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 510 | 64 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 710 | 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.