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Comparable sales & offer analysis

Parcel NM-804029

Harding County, NM · 26.85 ac · Agricultural · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$45,500
Adjusted value
$59,572
Value range
$50,608–$68,536
Comp $/acre
$2,219/ac

Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.6% versus the adjusted value.

Offer position

Max allowable offer
$34,041
Offer $/acre
$1,268/ac
Projected profit
$17,872
Annualized ROI
+69.2%

Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.

Comparable sales

ParcelAcresSoldPrice$/acAdj $/acMatch
NM-27404627.2Jan 24, 2026$52,4001,9261,98686
NM-28414829.3Jul 27, 2026$44,8001,5321,81981
NM-53497553.3Jul 27, 2026$83,7001,5712,10578
NM-12354618.9Jan 21, 2026$61,8003,2682,22771
NM-90476845.9Oct 6, 2024$79,5001,7332,81867
NM-20341917.3Feb 3, 2025$45,9002,6592,55661
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.