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Comparable sales & offer analysis

Parcel NM-529906

Grant County, NM · 1,896 ac · Recreational · Dirt · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$780,600
Adjusted value
$772,850
Value range
$610,570–$935,130
Comp $/acre
$408/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +1.0% versus the adjusted value.

Offer position

Max allowable offer
$441,628
Offer $/acre
$233/ac
Projected profit
$231,855
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-7397851737.2Oct 31, 2024$422,90024330175
NM-808352615.2Jul 27, 2026$476,30077445173
NM-698693787.6Jul 27, 2026$561,80071354672
NM-678500684.8Apr 23, 2026$398,80058235469
NM-6490811043.2May 28, 2025$453,70043538667
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.