Comparable sales & offer analysis
Parcel NM-505335
Doña Ana County, NM · 69.16 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$49,100
Adjusted value
$66,833
Value range
$51,646–$82,020
Comp $/acre
$966/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.5% versus the adjusted value.
Offer position
Max allowable offer
$38,190
Offer $/acre
$552/ac
Projected profit
$20,050
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-585464 | 75.9 | Mar 6, 2024 | $64,600 | 851 | 671 | 79 |
| NM-874741 | 45.0 | Jul 27, 2026 | $37,500 | 834 | 654 | 77 |
| NM-706354 | 144.7 | Jul 27, 2026 | $210,600 | 1,456 | 969 | 74 |
| NM-785875 | 102.3 | Jan 30, 2026 | $217,400 | 2,126 | 1,321 | 74 |
| NM-335986 | 110.8 | Jul 27, 2026 | $147,500 | 1,331 | 867 | 73 |
| NM-126161 | 125.8 | Jan 28, 2026 | $100,200 | 796 | 946 | 71 |
| NM-363640 | 20.3 | Oct 3, 2025 | $36,400 | 1,797 | 1,191 | 60 |
| NM-856749 | 192.6 | Oct 2, 2025 | $227,000 | 1,179 | 1,069 | 59 |
| NM-656738 | 191.1 | Sep 3, 2024 | $233,500 | 1,222 | 1,154 | 55 |
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.