Comparable sales & offer analysis
Parcel NM-735578
Colfax County, NM · 82.47 ac · Mixed Use · Gravel · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$192,100
Adjusted value
$162,676
Value range
$132,281–$193,071
Comp $/acre
$1,973/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.1% versus the adjusted value.
Offer position
Max allowable offer
$92,958
Offer $/acre
$1,127/ac
Projected profit
$48,803
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 | 2,085 | 85 |
| NM-625928 | 106.3 | Jun 26, 2025 | $126,800 | 1,193 | 1,381 | 74 |
| NM-345530 | 79.7 | Mar 13, 2025 | $155,400 | 1,951 | 2,132 | 73 |
| NM-645832 | 99.1 | Jan 24, 2024 | $157,100 | 1,585 | 2,144 | 73 |
| NM-646486 | 159.2 | Jul 27, 2026 | $249,500 | 1,567 | 2,276 | 73 |
| NM-266492 | 159.9 | Oct 25, 2025 | $145,200 | 908 | 1,863 | 68 |
| NM-565860 | 101.2 | Jul 30, 2024 | $66,800 | 660 | 1,358 | 68 |
| NM-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 1,915 | 67 |
| NM-416214 | 130.7 | Jul 4, 2024 | $274,400 | 2,099 | 2,662 | 66 |
| NM-304723 | 44.4 | Mar 28, 2025 | $74,000 | 1,667 | 1,890 | 60 |
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.