Comparable sales & offer analysis
Parcel NM-372222
Luna County, NM · 7.25 ac · Residential · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$18,600
Adjusted value
$17,632
Value range
$13,819–$21,445
Comp $/acre
$2,432/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +5.5% versus the adjusted value.
Offer position
Max allowable offer
$10,075
Offer $/acre
$1,390/ac
Projected profit
$5,290
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-903857 | 23.7 | May 6, 2026 | $42,300 | 1,785 | 2,801 | 68 |
| NM-363771 | 22.3 | Jul 27, 2026 | $22,200 | 996 | 1,805 | 65 |
| NM-883026 | 13.0 | Jan 25, 2024 | $24,900 | 1,921 | 1,835 | 64 |
| NM-120849 | 2.7 | Nov 12, 2023 | $6,300 | 2,356 | 2,850 | 55 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 2,999 | 55 |
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.