Comparable sales & offer analysis
Parcel NM-493808
Colfax County, NM · 22.88 ac · Mixed Use · Dirt · Off grid
LandPilot
Prepared Oct 3, 2026
Valuation summary
Asking price
$26,100
Adjusted value
$33,250
Value range
$28,924–$37,577
Comp $/acre
$1,453/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -21.5% versus the adjusted value.
Offer position
Max allowable offer
$19,000
Offer $/acre
$830/ac
Projected profit
$9,975
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-953673 | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 1,599 | 76 |
| NM-862539 | 9.1 | May 27, 2025 | $14,600 | 1,602 | 1,538 | 73 |
| NM-304723 | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 1,442 | 67 |
| NM-163206 | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 1,056 | 65 |
| NM-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 1,461 | 59 |
| NM-345530 | 79.7 | Mar 13, 2025 | $155,400 | 1,951 | 1,627 | 52 |
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.