Comparable sales & offer analysis
Parcel NM-565860
Colfax County, NM · 101 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$77,400
Adjusted value
$111,477
Value range
$93,574–$129,379
Comp $/acre
$1,102/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -30.6% versus the adjusted value.
Offer position
Max allowable offer
$63,701
Offer $/acre
$630/ac
Projected profit
$33,443
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-665742 | 92.9 | Jul 27, 2026 | $153,500 | 1,653 | 1,106 | 80 |
| NM-646486 | 159.2 | Jul 27, 2026 | $249,500 | 1,567 | 1,208 | 79 |
| NM-625928 | 106.3 | Jun 26, 2025 | $126,800 | 1,193 | 733 | 76 |
| NM-345530 | 79.7 | Mar 13, 2025 | $155,400 | 1,951 | 1,131 | 72 |
| NM-645832 | 99.1 | Jan 24, 2024 | $157,100 | 1,585 | 1,138 | 71 |
| NM-735578 | 82.5 | Dec 6, 2024 | $186,100 | 2,257 | 1,289 | 69 |
| NM-416214 | 130.7 | Jul 4, 2024 | $274,400 | 2,099 | 1,413 | 69 |
| NM-266492 | 159.9 | Oct 25, 2025 | $145,200 | 908 | 989 | 68 |
| NM-304723 | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 1,003 | 66 |
| NM-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 1,016 | 64 |
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.