Comparable sales & offer analysis
Parcel NM-295565
Luna County, NM · 81.69 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$69,500
Adjusted value
$123,365
Value range
$98,234–$148,496
Comp $/acre
$1,510/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -43.7% versus the adjusted value.
Offer position
Max allowable offer
$70,494
Offer $/acre
$863/ac
Projected profit
$37,009
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 | 1,994 | 82 |
| NM-475853 | 100.7 | Oct 3, 2025 | $175,800 | 1,747 | 1,622 | 76 |
| NM-205855 | 100.8 | Dec 11, 2024 | $138,300 | 1,372 | 1,316 | 67 |
| NM-916574 | 169.7 | Mar 27, 2025 | $135,600 | 799 | 1,012 | 61 |
| NM-903857 | 23.7 | May 6, 2026 | $42,300 | 1,785 | 1,420 | 61 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 1,520 | 59 |
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.