Comparable sales & offer analysis
Parcel NM-342803
Chaves County, NM · 11.05 ac · Mixed Use · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,500
Adjusted value
$13,717
Value range
$11,457–$15,978
Comp $/acre
$1,241/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.9% versus the adjusted value.
Offer position
Max allowable offer
$7,838
Offer $/acre
$709/ac
Projected profit
$4,115
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-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 1,082 | 73 |
| NM-702925 | 12.1 | Jun 1, 2024 | $16,900 | 1,400 | 1,549 | 71 |
| NM-383054 | 13.3 | Jan 22, 2025 | $15,800 | 1,193 | 1,027 | 70 |
| NM-953987 | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 1,281 | 68 |
| NM-281508 | 4.3 | Oct 12, 2025 | $9,000 | 2,079 | 1,177 | 63 |
| NM-953712 | 21.3 | Nov 10, 2024 | $20,000 | 936 | 1,060 | 61 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,543 | 57 |
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.