Comparable sales & offer analysis
Parcel NM-728959
Quay County, NM · 955 ac · Unzoned · Gravel · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$860,200
Adjusted value
$835,336
Value range
$697,864–$972,809
Comp $/acre
$875/ac
Weighted from 8 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is +3.0% versus the adjusted value.
Offer position
Max allowable offer
$477,335
Offer $/acre
$500/ac
Projected profit
$250,601
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-558460 | 665.3 | Jul 12, 2025 | $1,175,900 | 1,768 | 982 | 70 |
| NM-847211 | 269.2 | Jul 27, 2026 | $319,800 | 1,188 | 838 | 64 |
| NM-126016 | 113.3 | Jul 24, 2026 | $175,300 | 1,548 | 832 | 64 |
| NM-726384 | 147.9 | Jun 16, 2026 | $221,300 | 1,497 | 745 | 62 |
| NM-249822 | 1784.4 | Jul 8, 2025 | $1,548,000 | 868 | 1,137 | 61 |
| NM-735934 | 106.7 | Dec 1, 2025 | $105,900 | 992 | 635 | 61 |
| NM-247320 | 291.3 | May 31, 2024 | $343,500 | 1,179 | 894 | 51 |
| NM-806067 | 117.5 | Mar 12, 2025 | $192,700 | 1,639 | 940 | 48 |
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.