Comparable sales & offer analysis
Parcel NM-249822
Quay County, NM · 1,784 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$1,544,900
Adjusted value
$1,251,182
Value range
$1,150,064–$1,352,300
Comp $/acre
$701/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +23.5% versus the adjusted value.
Offer position
Max allowable offer
$714,961
Offer $/acre
$401/ac
Projected profit
$375,355
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-847211 | 269.2 | Jul 27, 2026 | $319,800 | 1,188 | 669 | 71 |
| NM-558460 | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 784 | 67 |
| NM-728959 | 955.0 | Dec 17, 2024 | $706,200 | 740 | 635 | 59 |
| NM-247320 | 291.3 | May 31, 2024 | $343,500 | 1,179 | 714 | 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.