Comparable sales & offer analysis
Parcel NM-529906
Grant County, NM · 1,896 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$780,600
Adjusted value
$769,284
Value range
$607,942–$930,626
Comp $/acre
$406/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.5% versus the adjusted value.
Offer position
Max allowable offer
$439,591
Offer $/acre
$232/ac
Projected profit
$230,785
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-739785 | 1737.2 | Oct 31, 2024 | $422,900 | 243 | 300 | 76 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 448 | 74 |
| NM-698693 | 787.6 | Jul 27, 2026 | $561,800 | 713 | 543 | 74 |
| NM-678500 | 684.8 | Apr 23, 2026 | $398,800 | 582 | 352 | 70 |
| NM-649081 | 1043.2 | May 28, 2025 | $453,700 | 435 | 384 | 68 |
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.