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Comparable sales & offer analysis

Parcel NM-805334

Grant County, NM · 69.11 ac · Agricultural · Dirt · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$56,700
Adjusted value
$85,122
Value range
$78,312–$91,931
Comp $/acre
$1,232/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -33.4% versus the adjusted value.

Offer position

Max allowable offer
$48,641
Offer $/acre
$704/ac
Projected profit
$25,537
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-39488850.0Jul 27, 2026$56,5001,1291,25081
NM-85504556.0Apr 26, 2024$81,2001,4481,11271
NM-107427314.8Jul 27, 2026$230,0007311,29163
NM-63310413.7Nov 21, 2024$17,7001,2861,35063
NM-808352615.2Jul 27, 2026$476,3007741,16561
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.