Comparable sales & offer analysis
Parcel NM-304260
Eddy County, NM · 31.74 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$32,400
Adjusted value
$38,801
Value range
$31,239–$46,363
Comp $/acre
$1,222/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -16.5% versus the adjusted value.
Offer position
Max allowable offer
$22,172
Offer $/acre
$699/ac
Projected profit
$11,640
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-704848 | 48.6 | Jul 27, 2026 | $51,500 | 1,060 | 990 | 82 |
| NM-324113 | 28.5 | Jul 27, 2026 | $51,200 | 1,796 | 1,254 | 79 |
| NM-925514 | 78.7 | Jul 27, 2026 | $112,700 | 1,432 | 1,260 | 77 |
| NM-563848 | 23.6 | May 1, 2025 | $18,900 | 804 | 958 | 74 |
| NM-443172 | 14.4 | May 30, 2026 | $29,100 | 2,019 | 1,300 | 67 |
| NM-565918 | 105.5 | Jul 27, 2026 | $96,300 | 913 | 1,760 | 66 |
| NM-722668 | 10.0 | Nov 11, 2024 | $14,200 | 1,421 | 1,148 | 62 |
| NM-782760 | 10.7 | Apr 4, 2024 | $14,100 | 1,318 | 1,045 | 59 |
| NM-952816 | 11.2 | Dec 3, 2024 | $14,500 | 1,301 | 1,058 | 56 |
| NM-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 1,541 | 53 |
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.