Comparable sales & offer analysis
Parcel NM-855045
Grant County, NM · 56.05 ac · Agricultural · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$82,400
Adjusted value
$99,295
Value range
$79,204–$119,386
Comp $/acre
$1,772/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -17.0% versus the adjusted value.
Offer position
Max allowable offer
$56,740
Offer $/acre
$1,012/ac
Projected profit
$29,788
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 | 1,794 | 85 |
| NM-805334 | 69.1 | May 10, 2025 | $47,600 | 689 | 1,048 | 75 |
| NM-107427 | 314.8 | Jul 27, 2026 | $230,000 | 731 | 1,854 | 65 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 2,133 | 60 |
| NM-633104 | 13.7 | Nov 21, 2024 | $17,700 | 1,286 | 1,938 | 58 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 1,672 | 56 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 2,170 | 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.