Comparable sales & offer analysis
Parcel NM-475853
Luna County, NM · 101 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$198,000
Adjusted value
$153,851
Value range
$110,773–$196,929
Comp $/acre
$1,529/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +28.7% versus the adjusted value.
Offer position
Max allowable offer
$87,915
Offer $/acre
$873/ac
Projected profit
$46,155
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-295717 | 91.2 | Jul 27, 2026 | $207,400 | 2,274 | 2,238 | 87 |
| NM-205855 | 100.8 | Dec 11, 2024 | $138,300 | 1,372 | 1,477 | 72 |
| NM-295565 | 81.7 | Nov 9, 2023 | $57,900 | 709 | 892 | 69 |
| NM-916574 | 169.7 | Mar 27, 2025 | $135,600 | 799 | 1,136 | 61 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 1,706 | 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.