Comparable sales & offer analysis
Parcel NM-916574
Luna County, NM · 170 ac · Agricultural · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$148,500
Adjusted value
$209,342
Value range
$156,553–$262,131
Comp $/acre
$1,234/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -29.1% versus the adjusted value.
Offer position
Max allowable offer
$119,624
Offer $/acre
$705/ac
Projected profit
$62,803
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 | 1,675 | 75 |
| NM-417646 | 368.9 | Jul 27, 2026 | $553,000 | 1,499 | 1,329 | 67 |
| NM-475853 | 100.7 | Oct 3, 2025 | $175,800 | 1,747 | 1,363 | 64 |
| NM-205855 | 100.8 | Dec 11, 2024 | $138,300 | 1,372 | 1,106 | 64 |
| NM-295565 | 81.7 | Nov 9, 2023 | $57,900 | 709 | 668 | 57 |
| NM-378215 | 557.1 | Jun 14, 2024 | $558,000 | 1,002 | 1,094 | 52 |
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.