Comparable sales & offer analysis
Parcel NM-363771
Luna County, NM · 22.27 ac · Unzoned · Dirt · Off grid
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$21,800
Adjusted value
$33,898
Value range
$25,253–$42,544
Comp $/acre
$1,522/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -35.7% versus the adjusted value.
Offer position
Max allowable offer
$19,371
Offer $/acre
$870/ac
Projected profit
$10,170
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-903857 | 23.7 | May 6, 2026 | $42,300 | 1,785 | 1,549 | 82 |
| NM-574571 | 39.8 | Apr 8, 2025 | $56,900 | 1,430 | 1,658 | 68 |
| NM-295717 | 91.2 | Jul 27, 2026 | $207,400 | 2,274 | 2,174 | 65 |
| NM-883026 | 13.0 | Jan 25, 2024 | $24,900 | 1,921 | 1,015 | 64 |
| NM-475853 | 100.7 | Oct 3, 2025 | $175,800 | 1,747 | 1,769 | 62 |
| NM-295565 | 81.7 | Nov 9, 2023 | $57,900 | 709 | 867 | 60 |
| NM-372222 | 7.3 | Dec 8, 2023 | $19,400 | 2,681 | 1,659 | 53 |
| NM-205855 | 100.8 | Dec 11, 2024 | $138,300 | 1,372 | 1,436 | 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.