Comparable sales & offer analysis
Parcel NM-515886
Harding County, NM · 103 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$99,000
Adjusted value
$106,706
Value range
$92,073–$121,338
Comp $/acre
$1,035/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.2% versus the adjusted value.
Offer position
Max allowable offer
$60,975
Offer $/acre
$592/ac
Projected profit
$32,012
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-896039 | 115.2 | Jan 25, 2026 | $165,700 | 1,439 | 1,029 | 80 |
| NM-534975 | 53.3 | Jul 27, 2026 | $83,700 | 1,571 | 922 | 78 |
| NM-407180 | 263.2 | Nov 3, 2025 | $343,500 | 1,305 | 1,180 | 70 |
| NM-246910 | 216.4 | Aug 27, 2025 | $180,700 | 835 | 837 | 68 |
| NM-987011 | 232.9 | Apr 9, 2025 | $512,200 | 2,200 | 1,160 | 66 |
| NM-566588 | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 904 | 66 |
| NM-904768 | 45.9 | Oct 6, 2024 | $79,500 | 1,733 | 1,234 | 66 |
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.
