Comparable sales & offer analysis
Parcel NM-600061
Grant County, NM · 1.52 ac · Recreational · Dirt · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$2,900
Adjusted value
$3,925
Value range
$3,611–$4,239
Comp $/acre
$2,582/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -26.1% versus the adjusted value.
Offer position
Max allowable offer
$2,243
Offer $/acre
$1,476/ac
Projected profit
$1,178
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-160586 | 2.2 | Jul 10, 2025 | $4,400 | 1,987 | 2,584 | 70 |
| NM-490628 | 2.3 | Sep 12, 2024 | $6,300 | 2,739 | 2,653 | 67 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 2,602 | 66 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 2,646 | 63 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 2,363 | 46 |
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.