Comparable sales & offer analysis
Parcel NM-796906
De Baca County, NM · 216 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$278,800
Adjusted value
$268,766
Value range
$223,195–$314,336
Comp $/acre
$1,245/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.7% versus the adjusted value.
Offer position
Max allowable offer
$153,580
Offer $/acre
$712/ac
Projected profit
$80,630
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-476489 | 159.6 | Jul 26, 2025 | $222,300 | 1,393 | 1,346 | 76 |
| NM-369087 | 1047.7 | Jul 27, 2026 | $749,100 | 715 | 1,156 | 67 |
| NM-117464 | 323.3 | Oct 7, 2024 | $293,800 | 909 | 1,093 | 65 |
| NM-435332 | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 1,033 | 63 |
| NM-959193 | 1131.4 | Jan 6, 2026 | $1,096,100 | 969 | 1,183 | 62 |
| NM-904884 | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 1,695 | 57 |
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.