Comparable sales & offer analysis
Parcel NM-896039
Harding County, NM · 115 ac · Agricultural · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$187,200
Adjusted value
$162,483
Value range
$135,601–$189,365
Comp $/acre
$1,411/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +15.2% versus the adjusted value.
Offer position
Max allowable offer
$92,848
Offer $/acre
$806/ac
Projected profit
$48,745
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-534975 | 53.3 | Jul 27, 2026 | $83,700 | 1,571 | 1,325 | 82 |
| NM-515886 | 103.1 | Apr 24, 2026 | $82,600 | 801 | 1,167 | 81 |
| NM-407180 | 263.2 | Nov 3, 2025 | $343,500 | 1,305 | 1,697 | 74 |
| NM-566588 | 171.4 | Jan 22, 2025 | $221,100 | 1,290 | 1,300 | 68 |
| NM-246910 | 216.4 | Aug 27, 2025 | $180,700 | 835 | 1,203 | 67 |
| NM-904768 | 45.9 | Oct 6, 2024 | $79,500 | 1,733 | 1,775 | 66 |
| NM-597743 | 395.7 | Sep 12, 2025 | $278,400 | 704 | 1,206 | 63 |
| NM-987011 | 232.9 | Apr 9, 2025 | $512,200 | 2,200 | 1,669 | 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.