Comparable sales & offer analysis
Parcel NM-120849
Luna County, NM · 2.68 ac · Mixed Use · Dirt · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$7,700
Adjusted value
$5,856
Value range
$4,509–$7,203
Comp $/acre
$2,185/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +31.5% versus the adjusted value.
Offer position
Max allowable offer
$3,346
Offer $/acre
$1,249/ac
Projected profit
$1,757
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 | 1,674 | 63 |
| NM-903857 | 23.7 | May 6, 2026 | $42,300 | 1,785 | 2,597 | 62 |
| NM-372222 | 7.3 | Dec 8, 2023 | $19,400 | 2,681 | 2,780 | 55 |
| NM-883026 | 13.0 | Jan 25, 2024 | $24,900 | 1,921 | 1,701 | 55 |
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.