Comparable sales & offer analysis
Parcel NM-117464
De Baca County, NM · 323 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$324,600
Adjusted value
$358,071
Value range
$321,873–$394,270
Comp $/acre
$1,107/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -9.3% versus the adjusted value.
Offer position
Max allowable offer
$204,612
Offer $/acre
$633/ac
Projected profit
$107,421
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 | 1,238 | 73 |
| NM-369087 | 1047.7 | Jul 27, 2026 | $749,100 | 715 | 1,042 | 68 |
| NM-476489 | 159.6 | Jul 26, 2025 | $222,300 | 1,393 | 1,212 | 67 |
| NM-959193 | 1131.4 | Jan 6, 2026 | $1,096,100 | 969 | 1,065 | 63 |
| NM-435332 | 69.0 | Apr 10, 2024 | $101,600 | 1,473 | 931 | 54 |
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.