Comparable sales & offer analysis
Parcel NM-394888
Grant County, NM · 50.03 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$54,500
Adjusted value
$55,430
Value range
$42,975–$67,885
Comp $/acre
$1,108/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -1.7% versus the adjusted value.
Offer position
Max allowable offer
$31,674
Offer $/acre
$633/ac
Projected profit
$16,629
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-805334 | 69.1 | May 10, 2025 | $47,600 | 689 | 664 | 73 |
| NM-855045 | 56.0 | Apr 26, 2024 | $81,200 | 1,448 | 1,012 | 73 |
| NM-107427 | 314.8 | Jul 27, 2026 | $230,000 | 731 | 1,175 | 65 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 1,353 | 58 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 1,228 | 56 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 1,376 | 52 |
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.