Comparable sales & offer analysis
Parcel NM-739785
Grant County, NM · 1,737 ac · Agricultural · Dirt · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$436,000
Adjusted value
$673,272
Value range
$570,442–$776,102
Comp $/acre
$388/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.2% versus the adjusted value.
Offer position
Max allowable offer
$384,727
Offer $/acre
$221/ac
Projected profit
$201,982
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-529906 | 1896.4 | Nov 26, 2024 | $840,700 | 443 | 418 | 75 |
| NM-678500 | 684.8 | Apr 23, 2026 | $398,800 | 582 | 309 | 72 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 394 | 71 |
| NM-698693 | 787.6 | Jul 27, 2026 | $561,800 | 713 | 477 | 69 |
| NM-649081 | 1043.2 | May 28, 2025 | $453,700 | 435 | 337 | 64 |
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.