Comparable sales & offer analysis
Parcel NM-649081
Grant County, NM · 1,043 ac · Recreational · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$481,600
Adjusted value
$551,830
Value range
$446,968–$656,692
Comp $/acre
$529/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.7% versus the adjusted value.
Offer position
Max allowable offer
$315,331
Offer $/acre
$302/ac
Projected profit
$165,549
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-698693 | 787.6 | Jul 27, 2026 | $561,800 | 713 | 651 | 83 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 537 | 72 |
| NM-678500 | 684.8 | Apr 23, 2026 | $398,800 | 582 | 422 | 69 |
| NM-107427 | 314.8 | Jul 27, 2026 | $230,000 | 731 | 596 | 66 |
| NM-529906 | 1896.4 | Nov 26, 2024 | $840,700 | 443 | 569 | 65 |
| NM-739785 | 1737.2 | Oct 31, 2024 | $422,900 | 243 | 359 | 61 |
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.