Comparable sales & offer analysis
Parcel NM-407781
Eddy County, NM · 407 ac · Unzoned · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$343,600
Adjusted value
$300,490
Value range
$235,795–$365,185
Comp $/acre
$739/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +14.3% versus the adjusted value.
Offer position
Max allowable offer
$171,709
Offer $/acre
$422/ac
Projected profit
$90,147
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 | 680 | 78 |
| NM-597619 | 361.8 | Jun 25, 2025 | $219,700 | 607 | 782 | 78 |
| NM-618651 | 764.0 | Jun 28, 2026 | $440,600 | 577 | 706 | 75 |
| NM-867686 | 379.7 | Mar 17, 2024 | $223,800 | 589 | 639 | 74 |
| NM-327257 | 278.3 | Jul 27, 2026 | $230,800 | 829 | 527 | 71 |
| NM-166741 | 191.5 | Jul 11, 2024 | $222,700 | 1,163 | 839 | 64 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 1,117 | 52 |
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.