Comparable sales & offer analysis
Parcel NM-435391
Chaves County, NM · 72.02 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$78,800
Adjusted value
$70,324
Value range
$61,771–$78,877
Comp $/acre
$976/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +12.1% versus the adjusted value.
Offer position
Max allowable offer
$40,185
Offer $/acre
$558/ac
Projected profit
$21,097
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-945742 | 92.9 | Jul 4, 2026 | $93,500 | 1,006 | 1,061 | 80 |
| NM-953987 | 26.1 | Jul 27, 2026 | $30,700 | 1,179 | 975 | 79 |
| NM-266151 | 124.9 | Jul 16, 2026 | $172,000 | 1,377 | 1,100 | 77 |
| NM-326103 | 120.6 | Dec 5, 2024 | $122,300 | 1,014 | 857 | 73 |
| NM-306549 | 166.6 | Dec 15, 2025 | $109,600 | 658 | 1,043 | 69 |
| NM-203693 | 21.1 | Feb 6, 2026 | $20,700 | 983 | 824 | 67 |
| NM-596357 | 145.0 | Jul 11, 2024 | $122,100 | 842 | 882 | 61 |
| NM-703814 | 23.0 | Aug 14, 2024 | $26,400 | 1,150 | 1,175 | 59 |
| NM-286663 | 181.0 | Jan 17, 2025 | $107,900 | 596 | 793 | 57 |
| NM-837020 | 234.4 | Jan 17, 2025 | $196,400 | 838 | 1,027 | 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.