Comparable sales & offer analysis
Parcel NM-159392
Luna County, NM · 1,307 ac · Recreational · Paved · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,212,300
Adjusted value
$1,100,319
Value range
$955,040–$1,245,599
Comp $/acre
$842/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +10.2% versus the adjusted value.
Offer position
Max allowable offer
$628,754
Offer $/acre
$481/ac
Projected profit
$330,096
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-289303 | 1225.2 | Aug 22, 2025 | $571,500 | 466 | 664 | 76 |
| NM-108897 | 913.0 | Nov 10, 2025 | $847,800 | 929 | 862 | 75 |
| NM-417646 | 368.9 | Jul 27, 2026 | $553,000 | 1,499 | 992 | 69 |
| NM-608487 | 678.4 | Feb 10, 2025 | $400,300 | 590 | 893 | 62 |
| NM-378215 | 557.1 | Jun 14, 2024 | $558,000 | 1,002 | 817 | 57 |
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.