Comparable sales & offer analysis
Parcel NM-805334
Grant County, NM · 69.11 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$56,700
Adjusted value
$84,668
Value range
$77,894–$91,441
Comp $/acre
$1,225/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.0% versus the adjusted value.
Offer position
Max allowable offer
$48,382
Offer $/acre
$700/ac
Projected profit
$25,400
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-394888 | 50.0 | Jul 27, 2026 | $56,500 | 1,129 | 1,243 | 83 |
| NM-855045 | 56.0 | Apr 26, 2024 | $81,200 | 1,448 | 1,106 | 72 |
| NM-107427 | 314.8 | Jul 27, 2026 | $230,000 | 731 | 1,284 | 64 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 1,343 | 63 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 1,158 | 62 |
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.