Comparable sales & offer analysis
Parcel NM-851321
Colfax County, NM · 3.78 ac · Residential · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$8,500
Adjusted value
$7,460
Value range
$6,423–$8,498
Comp $/acre
$1,974/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +13.9% versus the adjusted value.
Offer position
Max allowable offer
$4,263
Offer $/acre
$1,128/ac
Projected profit
$2,238
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-641823 | 5.4 | Jul 27, 2026 | $7,500 | 1,382 | 1,654 | 83 |
| NM-941379 | 3.9 | May 12, 2026 | $4,100 | 1,028 | 1,549 | 79 |
| NM-871135 | 3.3 | Dec 19, 2023 | $6,500 | 1,970 | 1,875 | 78 |
| NM-641644 | 4.8 | Jul 27, 2026 | $6,200 | 1,291 | 1,944 | 76 |
| NM-940822 | 2.6 | Mar 22, 2026 | $5,400 | 2,068 | 2,104 | 73 |
| NM-481915 | 5.8 | Jun 28, 2025 | $12,800 | 2,210 | 1,933 | 72 |
| NM-830827 | 2.6 | May 17, 2025 | $5,600 | 2,134 | 2,614 | 68 |
| NM-362073 | 6.5 | Jun 29, 2025 | $12,400 | 1,900 | 2,064 | 67 |
| NM-261156 | 3.4 | Nov 24, 2024 | $6,500 | 1,934 | 2,090 | 66 |
| NM-862539 | 9.1 | May 27, 2025 | $14,600 | 1,602 | 2,077 | 65 |
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.