Comparable sales & offer analysis
Parcel NM-597619
Eddy County, NM · 362 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$233,000
Adjusted value
$232,485
Value range
$182,138–$282,833
Comp $/acre
$643/ac
Weighted from 9 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +0.2% versus the adjusted value.
Offer position
Max allowable offer
$132,849
Offer $/acre
$367/ac
Projected profit
$69,746
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 | 554 | 86 |
| NM-407781 | 406.8 | Nov 13, 2025 | $368,300 | 905 | 765 | 81 |
| NM-327257 | 278.3 | Jul 27, 2026 | $230,800 | 829 | 429 | 78 |
| NM-618651 | 764.0 | Jun 28, 2026 | $440,600 | 577 | 575 | 76 |
| NM-867686 | 379.7 | Mar 17, 2024 | $223,800 | 589 | 521 | 69 |
| NM-565918 | 105.5 | Jul 27, 2026 | $96,300 | 913 | 766 | 65 |
| NM-166741 | 191.5 | Jul 11, 2024 | $222,700 | 1,163 | 683 | 60 |
| NM-806065 | 117.3 | Sep 24, 2024 | $165,000 | 1,406 | 910 | 59 |
| NM-305982 | 110.5 | May 22, 2025 | $122,300 | 1,107 | 671 | 54 |
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.