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Comparable sales & offer analysis

Parcel NM-369087

De Baca County, NM · 1,048 ac · Residential · Gravel · Off grid

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$781,900
Adjusted value
$813,247
Value range
$739,574–$886,919
Comp $/acre
$776/ac

Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.9% versus the adjusted value.

Offer position

Max allowable offer
$464,712
Offer $/acre
$444/ac
Projected profit
$243,974
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-9591931131.4Jan 6, 2026$1,096,10096973780
NM-796906215.8Mar 17, 2026$290,0001,34385664
NM-117464323.3Oct 7, 2024$293,80090968157
NM-476489159.6Jul 26, 2025$222,3001,39383955
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.