Comparable sales & offer analysis
Parcel NM-281508
Chaves County, NM · 4.32 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,400
Adjusted value
$9,318
Value range
$7,013–$11,622
Comp $/acre
$2,157/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.8% versus the adjusted value.
Offer position
Max allowable offer
$5,324
Offer $/acre
$1,232/ac
Projected profit
$2,795
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-130479 | 2.0 | Jul 27, 2026 | $2,400 | 1,168 | 1,580 | 71 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 1,888 | 64 |
| NM-342803 | 11.1 | Mar 18, 2025 | $15,900 | 1,438 | 2,814 | 60 |
| NM-480124 | 1.6 | Mar 11, 2024 | $1,900 | 1,168 | 1,813 | 56 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 2,847 | 56 |
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.