Comparable sales & offer analysis
Parcel NM-633104
Grant County, NM · 13.74 ac · Agricultural · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,100
Adjusted value
$17,166
Value range
$13,100–$21,232
Comp $/acre
$1,249/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.4% versus the adjusted value.
Offer position
Max allowable offer
$9,809
Offer $/acre
$714/ac
Projected profit
$5,150
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-394888 | 50.0 | Jul 27, 2026 | $56,500 | 1,129 | 1,284 | 66 |
| NM-805334 | 69.1 | May 10, 2025 | $47,600 | 689 | 750 | 64 |
| NM-911708 | 5.0 | Mar 18, 2026 | $11,800 | 2,357 | 1,527 | 64 |
| NM-921767 | 5.2 | Jun 4, 2025 | $17,400 | 3,337 | 1,553 | 60 |
| NM-855045 | 56.0 | Apr 26, 2024 | $81,200 | 1,448 | 1,142 | 57 |
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.