Comparable sales & offer analysis
Parcel NM-698693
Grant County, NM · 788 ac · Mixed Use · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$545,400
Adjusted value
$427,444
Value range
$356,637–$498,250
Comp $/acre
$543/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +27.6% versus the adjusted value.
Offer position
Max allowable offer
$244,253
Offer $/acre
$310/ac
Projected profit
$128,233
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-678500 | 684.8 | Apr 23, 2026 | $398,800 | 582 | 466 | 76 |
| NM-649081 | 1043.2 | May 28, 2025 | $453,700 | 435 | 507 | 75 |
| NM-808352 | 615.2 | Jul 27, 2026 | $476,300 | 774 | 593 | 75 |
| NM-107427 | 314.8 | Jul 27, 2026 | $230,000 | 731 | 657 | 70 |
| NM-529906 | 1896.4 | Nov 26, 2024 | $840,700 | 443 | 629 | 62 |
| NM-739785 | 1737.2 | Oct 31, 2024 | $422,900 | 243 | 396 | 58 |
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.