Comparable sales & offer analysis
Parcel NM-823283
Quay County, NM · 15.64 ac · Mixed Use · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$27,600
Adjusted value
$31,537
Value range
$22,707–$40,367
Comp $/acre
$2,016/ac
Weighted from 7 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -12.5% versus the adjusted value.
Offer position
Max allowable offer
$18,021
Offer $/acre
$1,152/ac
Projected profit
$9,461
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-283522 | 18.6 | Mar 5, 2026 | $37,600 | 2,019 | 1,470 | 83 |
| NM-403646 | 20.3 | Mar 5, 2025 | $69,900 | 3,436 | 3,213 | 69 |
| NM-485358 | 70.3 | Aug 11, 2025 | $157,600 | 2,241 | 2,105 | 64 |
| NM-701012 | 3.0 | Jul 27, 2026 | $3,400 | 1,133 | 1,513 | 63 |
| NM-311839 | 5.5 | Nov 3, 2025 | $11,100 | 2,031 | 1,923 | 60 |
| NM-825573 | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 2,133 | 59 |
| NM-475652 | 87.0 | Mar 27, 2025 | $149,800 | 1,722 | 1,783 | 56 |
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.