Comparable sales & offer analysis
Parcel NM-588060
Harding County, NM · 498 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$353,400
Adjusted value
$438,092
Value range
$383,293–$492,892
Comp $/acre
$880/ac
Weighted from 10 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -19.3% versus the adjusted value.
Offer position
Max allowable offer
$250,338
Offer $/acre
$503/ac
Projected profit
$131,428
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-887963 | 464.1 | Jul 19, 2025 | $454,700 | 980 | 826 | 77 |
| NM-608525 | 697.3 | Jun 4, 2025 | $662,800 | 951 | 912 | 75 |
| NM-898584 | 727.8 | Jul 27, 2026 | $508,200 | 698 | 799 | 75 |
| NM-597743 | 395.7 | Sep 12, 2025 | $278,400 | 704 | 807 | 72 |
| NM-249290 | 1213.7 | Jul 27, 2026 | $687,900 | 567 | 950 | 72 |
| NM-258577 | 724.1 | Apr 1, 2025 | $590,500 | 815 | 972 | 71 |
| NM-407180 | 263.2 | Nov 3, 2025 | $343,500 | 1,305 | 1,136 | 66 |
| NM-148960 | 955.6 | Aug 25, 2025 | $521,400 | 546 | 723 | 66 |
| NM-246910 | 216.4 | Aug 27, 2025 | $180,700 | 835 | 805 | 62 |
| NM-566588 | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 870 | 61 |
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.