Comparable sales & offer analysis
Parcel NM-407180
Harding County, NM · 263 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$320,700
Adjusted value
$270,418
Value range
$234,815–$306,022
Comp $/acre
$1,027/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +18.6% versus the adjusted value.
Offer position
Max allowable offer
$154,525
Offer $/acre
$587/ac
Projected profit
$81,125
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 | 1,182 | 75 |
| NM-246910 | 216.4 | Aug 27, 2025 | $180,700 | 835 | 961 | 73 |
| NM-597743 | 395.7 | Sep 12, 2025 | $278,400 | 704 | 963 | 73 |
| NM-515886 | 103.1 | Apr 24, 2026 | $82,600 | 801 | 932 | 72 |
| NM-588060 | 497.9 | Jul 27, 2026 | $348,800 | 701 | 842 | 72 |
| NM-987011 | 232.9 | Apr 9, 2025 | $512,200 | 2,200 | 1,332 | 71 |
| NM-898584 | 727.8 | Jul 27, 2026 | $508,200 | 698 | 954 | 70 |
| NM-566588 | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 1,038 | 68 |
| NM-887963 | 464.1 | Jul 19, 2025 | $454,700 | 980 | 986 | 67 |
| NM-608525 | 697.3 | Jun 4, 2025 | $662,800 | 951 | 1,087 | 63 |
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.