Comparable sales & offer analysis
Parcel NM-704848
Eddy County, NM · 48.60 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$55,300
Adjusted value
$73,228
Value range
$55,957–$90,498
Comp $/acre
$1,507/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -24.5% versus the adjusted value.
Offer position
Max allowable offer
$41,845
Offer $/acre
$861/ac
Projected profit
$21,968
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 | 1,353 | 82 |
| NM-324113 | 28.5 | Jul 27, 2026 | $51,200 | 1,796 | 1,346 | 73 |
| NM-565918 | 105.5 | Jul 27, 2026 | $96,300 | 913 | 1,890 | 73 |
| NM-304260 | 31.7 | Dec 25, 2024 | $34,500 | 1,086 | 1,253 | 72 |
| NM-563848 | 23.6 | May 1, 2025 | $18,900 | 804 | 1,029 | 66 |
| NM-443172 | 14.4 | May 30, 2026 | $29,100 | 2,019 | 1,395 | 63 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 2,244 | 61 |
| NM-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 1,655 | 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.