Comparable sales & offer analysis
Parcel NM-490628
Grant County, NM · 2.29 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$6,500
Adjusted value
$6,097
Value range
$5,188–$7,006
Comp $/acre
$2,662/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.6% versus the adjusted value.
Offer position
Max allowable offer
$3,484
Offer $/acre
$1,521/ac
Projected profit
$1,829
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 | 2,884 | 78 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 2,904 | 76 |
| NM-600061 | 1.5 | Aug 16, 2025 | $2,500 | 1,641 | 1,908 | 71 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 2,954 | 66 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 2,638 | 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.