Comparable sales & offer analysis
Parcel NM-952816
Eddy County, NM · 11.15 ac · Recreational · Gravel · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$14,000
Adjusted value
$17,663
Value range
$15,262–$20,065
Comp $/acre
$1,584/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -20.7% versus the adjusted value.
Offer position
Max allowable offer
$10,093
Offer $/acre
$905/ac
Projected profit
$5,299
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-443172 | 14.4 | May 30, 2026 | $29,100 | 2,019 | 1,721 | 77 |
| NM-324113 | 28.5 | Jul 27, 2026 | $51,200 | 1,796 | 1,660 | 75 |
| NM-782760 | 10.7 | Apr 4, 2024 | $14,100 | 1,318 | 1,384 | 74 |
| NM-722668 | 10.0 | Nov 11, 2024 | $14,200 | 1,421 | 1,520 | 73 |
| NM-563848 | 23.6 | May 1, 2025 | $18,900 | 804 | 1,269 | 58 |
| NM-304260 | 31.7 | Dec 25, 2024 | $34,500 | 1,086 | 1,545 | 56 |
| NM-561460 | 4.2 | Jun 3, 2024 | $8,200 | 1,970 | 2,033 | 53 |
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.