Comparable sales & offer analysis
Parcel NM-475652
Quay County, NM · 87.01 ac · Recreational · Paved · Power at road
LandPilot
Prepared Aug 15, 2026
Valuation summary
Asking price
$163,200
Adjusted value
$191,131
Value range
$170,642–$211,619
Comp $/acre
$2,197/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -14.6% versus the adjusted value.
Offer position
Max allowable offer
$109,218
Offer $/acre
$1,255/ac
Projected profit
$57,339
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-825573 | 82.2 | Jun 3, 2026 | $131,200 | 1,596 | 2,179 | 87 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 2,272 | 84 |
| NM-726384 | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 2,033 | 80 |
| NM-485358 | 70.3 | Aug 11, 2025 | $157,600 | 2,241 | 2,151 | 79 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 1,734 | 79 |
| NM-806067 | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 2,568 | 74 |
| NM-847211 | 269.2 | Jul 27, 2026 | $319,800 | 1,188 | 2,287 | 72 |
| NM-247320 | 291.3 | May 31, 2024 | $343,500 | 1,179 | 2,443 | 58 |
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.
