Comparable sales & offer analysis
Parcel NM-160586
Grant County, NM · 2.22 ac · Residential · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$4,800
Adjusted value
$4,302
Value range
$3,637–$4,966
Comp $/acre
$1,938/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +11.6% versus the adjusted value.
Offer position
Max allowable offer
$2,458
Offer $/acre
$1,107/ac
Projected profit
$1,290
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-490628 | 2.3 | Sep 12, 2024 | $6,300 | 2,739 | 2,145 | 74 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 2,104 | 73 |
| NM-600061 | 1.5 | Aug 16, 2025 | $2,500 | 1,641 | 1,383 | 70 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 2,140 | 63 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 1,911 | 49 |
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.