Comparable sales & offer analysis
Parcel NM-249290
Harding County, NM · 1,214 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$772,000
Adjusted value
$637,150
Value range
$531,011–$743,289
Comp $/acre
$525/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.2% versus the adjusted value.
Offer position
Max allowable offer
$364,086
Offer $/acre
$300/ac
Projected profit
$191,145
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-148960 | 955.6 | Aug 25, 2025 | $521,400 | 546 | 434 | 73 |
| NM-588060 | 497.9 | Jul 27, 2026 | $348,800 | 701 | 424 | 72 |
| NM-608525 | 697.3 | Jun 4, 2025 | $662,800 | 951 | 548 | 71 |
| NM-319765 | 1712.2 | Apr 23, 2024 | $950,600 | 555 | 464 | 71 |
| NM-898584 | 727.8 | Jul 27, 2026 | $508,200 | 698 | 480 | 70 |
| NM-369062 | 1028.9 | Mar 11, 2024 | $828,800 | 805 | 670 | 68 |
| NM-258577 | 724.1 | Apr 1, 2025 | $590,500 | 815 | 584 | 65 |
| NM-599664 | 1591.4 | Oct 21, 2024 | $1,359,300 | 854 | 682 | 64 |
| NM-597743 | 395.7 | Sep 12, 2025 | $278,400 | 704 | 485 | 61 |
| NM-887963 | 464.1 | Jul 19, 2025 | $454,700 | 980 | 497 | 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.
