Comparable sales & offer analysis
Parcel NM-563848
Eddy County, NM · 23.55 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$20,500
Adjusted value
$24,268
Value range
$22,012–$26,524
Comp $/acre
$1,030/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.5% versus the adjusted value.
Offer position
Max allowable offer
$13,867
Offer $/acre
$589/ac
Projected profit
$7,280
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-324113 | 28.5 | Jul 27, 2026 | $51,200 | 1,796 | 1,116 | 76 |
| NM-443172 | 14.4 | May 30, 2026 | $29,100 | 2,019 | 1,156 | 75 |
| NM-704848 | 48.6 | Jul 27, 2026 | $51,500 | 1,060 | 881 | 74 |
| NM-304260 | 31.7 | Dec 25, 2024 | $34,500 | 1,086 | 1,038 | 72 |
| NM-925514 | 78.7 | Jul 27, 2026 | $112,700 | 1,432 | 1,121 | 71 |
| NM-722668 | 10.0 | Nov 11, 2024 | $14,200 | 1,421 | 1,021 | 66 |
| NM-782760 | 10.7 | Apr 4, 2024 | $14,100 | 1,318 | 930 | 62 |
| NM-952816 | 11.2 | Dec 3, 2024 | $14,500 | 1,301 | 941 | 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.