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Comparable sales & offer analysis

Parcel NM-829029

Chaves County, NM · 1,005 ac · Mixed Use · Dirt · Full utilities

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$734,700
Adjusted value
$542,046
Value range
$455,124–$628,968
Comp $/acre
$540/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +35.5% versus the adjusted value.

Offer position

Max allowable offer
$309,741
Offer $/acre
$308/ac
Projected profit
$162,614
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-498922929.7Jul 27, 2026$672,90072463086
NM-878870895.3Jun 30, 2026$475,10053153882
NM-548273581.0Jul 27, 2026$222,30038341080
NM-137701383.9Jul 6, 2026$254,70066360675
NM-718421646.7Jan 23, 2025$250,80038844069
NM-207581351.9Nov 24, 2025$334,90095261363
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.