Comparable sales & offer analysis
Parcel NM-811756
Lea County, NM · 5.17 ac · Recreational · Paved · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$8,900
Adjusted value
$12,898
Value range
$10,616–$15,180
Comp $/acre
$2,495/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -31.0% versus the adjusted value.
Offer position
Max allowable offer
$7,370
Offer $/acre
$1,426/ac
Projected profit
$3,869
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-361852 | 5.5 | Jul 12, 2026 | $8,000 | 1,436 | 2,436 | 77 |
| NM-171901 | 5.8 | Apr 7, 2024 | $9,100 | 1,574 | 2,926 | 77 |
| NM-131866 | 5.6 | Jun 16, 2025 | $6,000 | 1,070 | 1,630 | 72 |
| NM-590864 | 2.7 | Dec 28, 2025 | $3,500 | 1,289 | 2,201 | 71 |
| NM-462991 | 12.7 | Jul 27, 2026 | $18,500 | 1,460 | 2,619 | 70 |
| NM-963194 | 14.7 | Jul 22, 2025 | $21,500 | 1,465 | 2,812 | 60 |
| NM-543236 | 15.1 | Oct 12, 2025 | $23,500 | 1,551 | 2,962 | 58 |
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.