Comparable sales & offer analysis
Parcel NM-903857
Luna County, NM · 23.70 ac · Recreational · Dirt · Power at road
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$41,000
Adjusted value
$34,350
Value range
$24,951–$43,749
Comp $/acre
$1,449/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +19.4% versus the adjusted value.
Offer position
Max allowable offer
$19,629
Offer $/acre
$828/ac
Projected profit
$10,305
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-363771 | 22.3 | Jul 27, 2026 | $22,200 | 996 | 1,170 | 83 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 1,944 | 67 |
| NM-883026 | 13.0 | Jan 25, 2024 | $24,900 | 1,921 | 1,189 | 65 |
| NM-372222 | 7.3 | Dec 8, 2023 | $19,400 | 2,681 | 1,944 | 57 |
| NM-295565 | 81.7 | Nov 9, 2023 | $57,900 | 709 | 1,017 | 50 |
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.