Comparable sales & offer analysis
Parcel NM-295717
Luna County, NM · 91.20 ac · Mixed Use · Paved · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$194,400
Adjusted value
$131,246
Value range
$98,738–$163,755
Comp $/acre
$1,439/ac
Weighted from 5 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +48.1% versus the adjusted value.
Offer position
Max allowable offer
$74,998
Offer $/acre
$822/ac
Projected profit
$39,374
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-475853 | 100.7 | Oct 3, 2025 | $175,800 | 1,747 | 1,855 | 81 |
| NM-205855 | 100.8 | Dec 11, 2024 | $138,300 | 1,372 | 1,505 | 74 |
| NM-295565 | 81.7 | Nov 9, 2023 | $57,900 | 709 | 909 | 70 |
| NM-916574 | 169.7 | Mar 27, 2025 | $135,600 | 799 | 1,157 | 67 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 1,738 | 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.