Comparable sales & offer analysis
Parcel NM-837020
Chaves County, NM · 234 ac · Unzoned · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$198,800
Adjusted value
$195,663
Value range
$168,853–$222,473
Comp $/acre
$835/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.6% versus the adjusted value.
Offer position
Max allowable offer
$111,807
Offer $/acre
$477/ac
Projected profit
$58,699
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-266151 | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 957 | 78 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 897 | 76 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 907 | 73 |
| NM-286663 | 181.0 | Jan 17, 2025 | $107,900 | 596 | 690 | 73 |
| NM-306549 | 166.6 | Dec 15, 2025 | $109,600 | 658 | 907 | 70 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 606 | 70 |
| NM-435391 | 72.0 | Jul 9, 2026 | $75,600 | 1,050 | 918 | 67 |
| NM-945742 | 92.9 | Jul 4, 2026 | $93,500 | 1,006 | 923 | 67 |
| NM-596357 | 145.0 | Jul 11, 2024 | $122,100 | 842 | 767 | 64 |
| NM-326103 | 120.6 | Dec 5, 2024 | $122,300 | 1,014 | 746 | 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.