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Comparable sales & offer analysis

Parcel NM-618651

Eddy County, NM · 764 ac · Unzoned · Dirt · Power at road

LandPilot
Prepared Aug 15, 2026

Valuation summary

Asking price
$438,000
Adjusted value
$448,369
Value range
$359,772–$536,966
Comp $/acre
$587/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.3% versus the adjusted value.

Offer position

Max allowable offer
$256,211
Offer $/acre
$335/ac
Projected profit
$134,511
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-767211269.2Jul 27, 2026$202,70075355973
NM-327257278.3Jul 27, 2026$230,80082943373
NM-407781406.8Nov 13, 2025$368,30090577271
NM-597619361.8Jun 25, 2025$219,70060764269
NM-867686379.7Mar 17, 2024$223,80058952560
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.