Comparable sales & offer analysis
Parcel NM-137701
Chaves County, NM · 384 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$262,800
Adjusted value
$238,428
Value range
$199,634–$277,221
Comp $/acre
$621/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.2% versus the adjusted value.
Offer position
Max allowable offer
$136,244
Offer $/acre
$355/ac
Projected profit
$71,528
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-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 453 | 76 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 677 | 74 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 486 | 72 |
| NM-829029 | 1004.6 | Dec 27, 2025 | $668,600 | 666 | 755 | 69 |
| NM-498922 | 929.7 | Jul 27, 2026 | $672,900 | 724 | 696 | 69 |
| NM-878870 | 895.3 | Jun 30, 2026 | $475,100 | 531 | 595 | 67 |
| NM-286663 | 181.0 | Jan 17, 2025 | $107,900 | 596 | 515 | 66 |
| NM-837020 | 234.4 | Jan 17, 2025 | $196,400 | 838 | 667 | 65 |
| NM-306549 | 166.6 | Dec 15, 2025 | $109,600 | 658 | 678 | 65 |
| NM-266151 | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 715 | 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.