Comparable sales & offer analysis
Parcel NM-515886
Harding County, NM · 103 ac · Unzoned · Landlocked · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$99,000
Adjusted value
$107,298
Value range
$92,585–$122,010
Comp $/acre
$1,041/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -7.7% versus the adjusted value.
Offer position
Max allowable offer
$61,313
Offer $/acre
$595/ac
Projected profit
$32,189
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 | 1,035 | 79 |
| NM-534975 | 53.3 | Jul 27, 2026 | $83,700 | 1,571 | 927 | 77 |
| NM-407180 | 263.2 | Nov 3, 2025 | $343,500 | 1,305 | 1,186 | 69 |
| NM-246910 | 216.4 | Aug 27, 2025 | $180,700 | 835 | 841 | 68 |
| NM-566588 | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 909 | 66 |
| NM-987011 | 232.9 | Apr 9, 2025 | $512,200 | 2,200 | 1,167 | 66 |
| NM-904768 | 45.9 | Oct 6, 2024 | $79,500 | 1,733 | 1,241 | 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.
