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Comparable sales & offer analysis

Parcel NM-481915

Colfax County, NM · 5.81 ac · Residential · Dirt · Full utilities

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$13,600
Adjusted value
$13,546
Value range
$11,363–$15,728
Comp $/acre
$2,331/ac

Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.4% versus the adjusted value.

Offer position

Max allowable offer
$7,741
Offer $/acre
$1,332/ac
Projected profit
$4,064
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-6416444.8Jul 27, 2026$6,2001,2912,34083
NM-6418235.4Jul 27, 2026$7,5001,3821,99282
NM-8513213.8Feb 3, 2026$7,2001,9092,35075
NM-3620736.5Jun 29, 2025$12,4001,9002,48473
NM-9413793.9May 12, 2026$4,1001,0281,86572
NM-9408222.6Mar 22, 2026$5,4002,0682,53370
NM-8625399.1May 27, 2025$14,6001,6022,50068
NM-16320614.8Jun 14, 2025$22,4001,5151,71667
NM-2611563.4Nov 24, 2024$6,5001,9342,51667
NM-8308272.6May 17, 2025$5,6002,1343,14664
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.