Comparable sales & offer analysis
Parcel NM-249290
Harding County, NM · 1,214 ac · Unzoned · Landlocked · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$772,000
Adjusted value
$633,497
Value range
$527,948–$739,046
Comp $/acre
$522/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +21.9% versus the adjusted value.
Offer position
Max allowable offer
$361,998
Offer $/acre
$298/ac
Projected profit
$190,049
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 | 432 | 74 |
| NM-588060 | 497.9 | Jul 27, 2026 | $348,800 | 701 | 422 | 73 |
| NM-898584 | 727.8 | Jul 27, 2026 | $508,200 | 698 | 478 | 72 |
| NM-608525 | 697.3 | Jun 4, 2025 | $662,800 | 951 | 545 | 71 |
| NM-319765 | 1712.2 | Apr 23, 2024 | $950,600 | 555 | 461 | 71 |
| NM-369062 | 1028.9 | Mar 11, 2024 | $828,800 | 805 | 667 | 69 |
| NM-258577 | 724.1 | Apr 1, 2025 | $590,500 | 815 | 581 | 65 |
| NM-599664 | 1591.4 | Oct 21, 2024 | $1,359,300 | 854 | 679 | 65 |
| NM-597743 | 395.7 | Sep 12, 2025 | $278,400 | 704 | 482 | 62 |
| NM-887963 | 464.1 | Jul 19, 2025 | $454,700 | 980 | 494 | 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.