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Comparable sales & offer analysis

Parcel NM-870160

Harding County, NM · 1.63 ac · Residential · Gravel · Power at road

LandPilot
Prepared Oct 2, 2026

Valuation summary

Asking price
$3,700
Adjusted value
$4,367
Value range
$3,461–$5,272
Comp $/acre
$2,679/ac

Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -15.3% versus the adjusted value.

Offer position

Max allowable offer
$2,495
Offer $/acre
$1,531/ac
Projected profit
$1,310
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-3205292.1Mar 19, 2026$6,9003,2413,17575
NM-2111753.4Jun 28, 2025$4,8001,4261,79870
NM-2017405.1Feb 18, 2026$11,6002,2662,40467
NM-5409983.0Oct 24, 2024$6,2002,0662,72966
NM-8509572.9Sep 6, 2024$8,8003,0403,33660
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.