Comparable sales & offer analysis
Parcel NM-490628
Grant County, NM · 2.29 ac · Mixed Use · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$6,500
Adjusted value
$6,129
Value range
$5,215–$7,043
Comp $/acre
$2,677/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +6.0% versus the adjusted value.
Offer position
Max allowable offer
$3,502
Offer $/acre
$1,529/ac
Projected profit
$1,839
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 | 2,899 | 77 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 2,919 | 75 |
| NM-600061 | 1.5 | Aug 16, 2025 | $2,500 | 1,641 | 1,918 | 70 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 2,969 | 65 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 2,651 | 53 |
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.