Comparable sales & offer analysis
Parcel NM-618651
Eddy County, NM · 764 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$438,000
Adjusted value
$450,926
Value range
$361,904–$539,948
Comp $/acre
$590/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -2.9% versus the adjusted value.
Offer position
Max allowable offer
$257,672
Offer $/acre
$337/ac
Projected profit
$135,278
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-767211 | 269.2 | Jul 27, 2026 | $202,700 | 753 | 562 | 71 |
| NM-327257 | 278.3 | Jul 27, 2026 | $230,800 | 829 | 435 | 71 |
| NM-407781 | 406.8 | Nov 13, 2025 | $368,300 | 905 | 776 | 70 |
| NM-597619 | 361.8 | Jun 25, 2025 | $219,700 | 607 | 646 | 68 |
| NM-867686 | 379.7 | Mar 17, 2024 | $223,800 | 589 | 528 | 60 |
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.