Comparable sales & offer analysis
Parcel NM-862539
Colfax County, NM · 9.12 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$16,700
Adjusted value
$13,667
Value range
$11,936–$15,397
Comp $/acre
$1,499/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.2% versus the adjusted value.
Offer position
Max allowable offer
$7,810
Offer $/acre
$856/ac
Projected profit
$4,100
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-641823 | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,342 | 83 |
| NM-362073 | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 1,674 | 75 |
| NM-641644 | 4.8 | Jul 27, 2026 | $6,200 | 1,291 | 1,576 | 75 |
| NM-941379 | 3.9 | May 12, 2026 | $4,100 | 1,028 | 1,256 | 73 |
| NM-940822 | 2.6 | Mar 22, 2026 | $5,400 | 2,068 | 1,706 | 70 |
| NM-493808 | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 1,384 | 70 |
| NM-851321 | 3.8 | Feb 3, 2026 | $7,200 | 1,909 | 1,583 | 70 |
| NM-481915 | 5.8 | Jun 28, 2025 | $12,800 | 2,210 | 1,568 | 70 |
| NM-953673 | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 1,751 | 67 |
| NM-163206 | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 1,156 | 66 |
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.