Comparable sales & offer analysis
Parcel NM-369087
De Baca County, NM · 1,048 ac · Residential · Gravel · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$781,900
Adjusted value
$809,106
Value range
$735,899–$882,313
Comp $/acre
$772/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -3.4% versus the adjusted value.
Offer position
Max allowable offer
$462,346
Offer $/acre
$441/ac
Projected profit
$242,732
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-959193 | 1131.4 | Jan 6, 2026 | $1,096,100 | 969 | 733 | 81 |
| NM-796906 | 215.8 | Mar 17, 2026 | $290,000 | 1,343 | 852 | 65 |
| NM-117464 | 323.3 | Oct 7, 2024 | $293,800 | 909 | 677 | 57 |
| NM-476489 | 159.6 | Jul 26, 2025 | $222,300 | 1,393 | 834 | 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.