Comparable sales & offer analysis
Parcel NM-980386
Eddy County, NM · 1.92 ac · Recreational · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,700
Adjusted value
$3,191
Value range
$2,666–$3,716
Comp $/acre
$1,662/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.4% versus the adjusted value.
Offer position
Max allowable offer
$1,823
Offer $/acre
$950/ac
Projected profit
$957
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-300629 | 2.3 | Jul 27, 2026 | $3,400 | 1,502 | 1,511 | 82 |
| NM-110755 | 2.5 | Mar 1, 2024 | $3,400 | 1,335 | 1,482 | 74 |
| NM-561460 | 4.2 | Jun 3, 2024 | $8,200 | 1,970 | 2,200 | 65 |
| NM-722668 | 10.0 | Nov 11, 2024 | $14,200 | 1,421 | 1,645 | 55 |
| NM-782760 | 10.7 | Apr 4, 2024 | $14,100 | 1,318 | 1,498 | 50 |
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.