Comparable sales & offer analysis
Parcel NM-304723
Colfax County, NM · 44.39 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$79,400
Adjusted value
$79,517
Value range
$62,046–$96,989
Comp $/acre
$1,791/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -0.1% versus the adjusted value.
Offer position
Max allowable offer
$45,438
Offer $/acre
$1,024/ac
Projected profit
$23,855
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-354749 | 45.2 | Nov 16, 2024 | $63,600 | 1,406 | 1,797 | 76 |
| NM-665742 | 92.9 | Jul 27, 2026 | $153,500 | 1,653 | 1,956 | 72 |
| NM-953673 | 20.8 | Jul 27, 2026 | $65,700 | 3,165 | 1,967 | 68 |
| NM-493808 | 22.9 | Jul 18, 2024 | $26,400 | 1,156 | 1,554 | 65 |
| NM-625928 | 106.3 | Jun 26, 2025 | $126,800 | 1,193 | 1,296 | 64 |
| NM-565860 | 101.2 | Jul 30, 2024 | $66,800 | 660 | 1,275 | 63 |
| NM-345530 | 79.7 | Mar 13, 2025 | $155,400 | 1,951 | 2,001 | 63 |
| NM-735578 | 82.5 | Dec 6, 2024 | $186,100 | 2,257 | 2,280 | 59 |
| NM-416214 | 130.7 | Jul 4, 2024 | $274,400 | 2,099 | 2,498 | 58 |
| NM-163206 | 14.8 | Jun 14, 2025 | $22,400 | 1,515 | 1,299 | 56 |
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.