Comparable sales & offer analysis
Parcel NM-476489
De Baca County, NM · 160 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$251,700
Adjusted value
$220,163
Value range
$180,303–$260,024
Comp $/acre
$1,380/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.3% versus the adjusted value.
Offer position
Max allowable offer
$125,808
Offer $/acre
$789/ac
Projected profit
$66,049
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-796906 | 215.8 | Mar 17, 2026 | $290,000 | 1,343 | 1,485 | 81 |
| NM-117464 | 323.3 | Oct 7, 2024 | $293,800 | 909 | 1,182 | 64 |
| NM-394114 | 28.6 | Jun 14, 2025 | $43,300 | 1,515 | 1,269 | 60 |
| NM-435332 | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 1,117 | 59 |
| NM-904884 | 49.9 | Jul 1, 2025 | $116,400 | 2,335 | 1,833 | 58 |
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.