Comparable sales & offer analysis
Parcel NM-249822
Quay County, NM · 1,784 ac · Residential · Landlocked · Full utilities
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$1,544,900
Adjusted value
$1,257,943
Value range
$1,156,254–$1,359,633
Comp $/acre
$705/ac
Weighted from 4 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +22.8% versus the adjusted value.
Offer position
Max allowable offer
$718,825
Offer $/acre
$403/ac
Projected profit
$377,383
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 | 673 | 70 |
| NM-558460 | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 788 | 66 |
| NM-728959 | 955.0 | Dec 17, 2024 | $706,200 | 740 | 638 | 59 |
| NM-247320 | 291.3 | May 31, 2024 | $343,500 | 1,179 | 718 | 51 |
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.