Comparable sales & offer analysis
Parcel NM-953673
Colfax County, NM · 20.75 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$68,700
Adjusted value
$56,485
Value range
$49,246–$63,725
Comp $/acre
$2,722/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.6% versus the adjusted value.
Offer position
Max allowable offer
$32,277
Offer $/acre
$1,556/ac
Projected profit
$16,946
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-163206 | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 2,095 | 69 |
| NM-493808 | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 2,507 | 65 |
| NM-362073 | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 3,033 | 61 |
| NM-304723 | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 2,861 | 60 |
| NM-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 2,899 | 60 |
| NM-862539 | 9.1 | May 27, 2025 | $14,600 | 1,602 | 3,052 | 59 |
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.