Comparable sales & offer analysis
Parcel NM-704848
Eddy County, NM · 48.60 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$55,300
Adjusted value
$73,627
Value range
$56,238–$91,017
Comp $/acre
$1,515/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.9% versus the adjusted value.
Offer position
Max allowable offer
$42,073
Offer $/acre
$866/ac
Projected profit
$22,088
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-925514 | 78.7 | Jul 27, 2026 | $112,700 | 1,432 | 1,361 | 81 |
| NM-304260 | 31.7 | Dec 25, 2024 | $34,500 | 1,086 | 1,260 | 72 |
| NM-324113 | 28.5 | Jul 27, 2026 | $51,200 | 1,796 | 1,354 | 71 |
| NM-565918 | 105.5 | Jul 27, 2026 | $96,300 | 913 | 1,900 | 71 |
| NM-563848 | 23.6 | May 1, 2025 | $18,900 | 804 | 1,034 | 66 |
| NM-443172 | 14.4 | May 30, 2026 | $29,100 | 2,019 | 1,403 | 62 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 2,256 | 60 |
| NM-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 1,664 | 59 |
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.