Comparable sales & offer analysis
Parcel NM-867686
Eddy County, NM · 380 ac · Residential · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$239,900
Adjusted value
$307,376
Value range
$244,601–$370,151
Comp $/acre
$809/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -22.0% versus the adjusted value.
Offer position
Max allowable offer
$175,644
Offer $/acre
$463/ac
Projected profit
$92,213
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-407781 | 406.8 | Nov 13, 2025 | $368,300 | 905 | 959 | 80 |
| NM-767211 | 269.2 | Jul 27, 2026 | $202,700 | 753 | 694 | 75 |
| NM-327257 | 278.3 | Jul 27, 2026 | $230,800 | 829 | 538 | 74 |
| NM-597619 | 361.8 | Jun 25, 2025 | $219,700 | 607 | 798 | 74 |
| NM-618651 | 764.0 | Jun 28, 2026 | $440,600 | 577 | 721 | 71 |
| NM-166741 | 191.5 | Jul 11, 2024 | $222,700 | 1,163 | 856 | 65 |
| NM-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 841 | 63 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 1,140 | 57 |
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.