Comparable sales & offer analysis
Parcel NM-804029
Harding County, NM · 26.85 ac · Agricultural · Gravel · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$45,500
Adjusted value
$59,227
Value range
$50,313–$68,141
Comp $/acre
$2,206/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -23.2% versus the adjusted value.
Offer position
Max allowable offer
$33,844
Offer $/acre
$1,260/ac
Projected profit
$17,768
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-274046 | 27.2 | Jan 24, 2026 | $52,400 | 1,926 | 1,975 | 87 |
| NM-284148 | 29.3 | Jul 27, 2026 | $44,800 | 1,532 | 1,809 | 82 |
| NM-534975 | 53.3 | Jul 27, 2026 | $83,700 | 1,571 | 2,093 | 79 |
| NM-123546 | 18.9 | Jan 21, 2026 | $61,800 | 3,268 | 2,215 | 72 |
| NM-904768 | 45.9 | Oct 6, 2024 | $79,500 | 1,733 | 2,804 | 67 |
| NM-203419 | 17.3 | Feb 3, 2025 | $45,900 | 2,659 | 2,543 | 62 |
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.