Comparable sales & offer analysis
Parcel NM-565918
Eddy County, NM · 106 ac · Agricultural · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$91,800
Adjusted value
$75,310
Value range
$57,472–$93,149
Comp $/acre
$714/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.9% versus the adjusted value.
Offer position
Max allowable offer
$43,035
Offer $/acre
$408/ac
Projected profit
$22,593
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-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 801 | 82 |
| NM-925514 | 78.7 | Jul 27, 2026 | $112,700 | 1,432 | 655 | 81 |
| NM-704848 | 48.6 | Jul 27, 2026 | $51,500 | 1,060 | 515 | 73 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 1,086 | 68 |
| NM-767211 | 269.2 | Jul 27, 2026 | $202,700 | 753 | 661 | 68 |
| NM-327257 | 278.3 | Jul 27, 2026 | $230,800 | 829 | 512 | 64 |
| NM-166741 | 191.5 | Jul 11, 2024 | $222,700 | 1,163 | 816 | 63 |
| NM-597619 | 361.8 | Jun 25, 2025 | $219,700 | 607 | 760 | 57 |
| NM-304260 | 31.7 | Dec 25, 2024 | $34,500 | 1,086 | 607 | 56 |
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.