Comparable sales & offer analysis
Parcel NM-829029
Chaves County, NM · 1,005 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$734,700
Adjusted value
$544,938
Value range
$457,507–$632,368
Comp $/acre
$542/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +34.8% versus the adjusted value.
Offer position
Max allowable offer
$311,393
Offer $/acre
$310/ac
Projected profit
$163,481
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-498922 | 929.7 | Jul 27, 2026 | $672,900 | 724 | 633 | 84 |
| NM-878870 | 895.3 | Jun 30, 2026 | $475,100 | 531 | 541 | 80 |
| NM-548273 | 581.0 | Jul 27, 2026 | $222,300 | 383 | 412 | 78 |
| NM-137701 | 383.9 | Jul 6, 2026 | $254,700 | 663 | 610 | 73 |
| NM-718421 | 646.7 | Jan 23, 2025 | $250,800 | 388 | 442 | 69 |
| NM-207581 | 351.9 | Nov 24, 2025 | $334,900 | 952 | 616 | 62 |
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.